Ams Technology Solutions Limited

Ams Technology Solutions Limited, based in Lincoln, UK, is a small, active company founded twelve years ago in 2013. With just two employees and £77,473 in assets, it operates from a virtual address shared by 129 other companies, a bit of a red flag. The business is run by two directors and a solo founder, Barkham David Michael, and has been importing optical and medical tools and devices irregularly, with the latest import occurring two months ago.

The company’s website reveals a focus on technology solutions, particularly for education. They supply and service laser systems, 3D printers, filtration units, and vinyl cutters—often British-made—catering to schools, colleges, and commercial customers. A significant portion of their business involves fume extraction systems, partnering with BOFA International. They also offer piano restoration services, a surprising and potentially lucrative side venture.

Financially, Ams Technology Solutions Limited presents a mixed picture. Current assets have decreased by 35% to £77,473, while net assets have increased by 64% to £50,000. Bank borrowings have decreased by 53% to £51,000, and cash reserves have decreased by 37% to £42,000. Trade debtors have decreased by 55% to £20,000. Despite the decrease in assets, the increase in equity suggests improved profitability, although it’s important to note that the company is exempt from an audit, so the figures are unaudited. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in cash reserves, however, could be a cause for concern, and the reliance on creditors suggests a need to manage cash flow carefully.

Registered in England/Wales under the registration number 08442057, with a registered address at LN1 1XG, England, Lincoln, 15 Newland.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.