Andscon Limited

Andscon Ltd from Middlesex UK: a small, active company founded 18 years ago, employs 22 people, and holds £3,202,793 in assets. Operating from a virtual address, it's managed by three directors and two owners. The company regularly imports and exports optical and medical tools and devices—55 months of imports and 152 months of exports—with the latest activity in January 2025 for imports and February 2025 for exports.

The company’s website, andsconltd, showcases a wide range of products, from Apple and Samsung electronics to musical instruments and baby strollers. It positions itself as a leading importer and exporter of various tech and consumer goods, emphasizing competitive pricing, a 90-day return policy, and secure transactions. The site also lists contact information, including a Skype and WhatsApp chat, and highlights a sales manager, Zabi Hullah. It seems to be an e-commerce operation, though the site's creation date (indicated by "OwnFreeWebsite.com") suggests it might be a basic setup.

Financially, Andscon Ltd presents a mixed picture. Cash bank on hand increased significantly by 18% to £2.2 million, and net assets rose by 1.5% to £3.3 million—a positive sign. However, trade debtors decreased by a substantial 49%, potentially indicating payment issues with customers. Other creditors jumped 1400% to £53,000, and loans from directors decreased by 18%, suggesting a shift in funding sources. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in debtors warrants attention. The accounts are unaudited, and no auditor is mentioned.

Overall, Andscon Ltd appears to be a stable, albeit small, business navigating the challenges of import/export trade. The increase in cash reserves is encouraging, but the decrease in debtors and rise in creditors could indicate a need for closer financial management.

Registered in England/Wales under the registration number 05879892, with a registered address at HA1 4QA, Middlesex, 8 Pinner View, Harrow.

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