Anglepoint (uk) Ltd.

Anglepoint (uk) Ltd, based in London, is a small, active company founded fourteen years ago in 2010. Employing twenty-two people, it holds £1,189,006 in assets and operates from a real address at 30 Dukes Place. While having two directors, there are no listed owners, a common situation for smaller UK companies. The company’s core business involves a regular export of electrical machinery and equipment, with three months of export activity recorded, the latest in April 2023. It also imports machinery, boilers, and mechanical appliances, though this activity is irregular, with only one month of import activity noted, also in April 2023.

Anglepoint’s website showcases a focus on software asset management, positioning itself as experts in helping organizations control IT spending. It offers a range of services, including ITAM program transformation, managed services, software license management, and training, catering to various industries. The site also highlights partnerships with major software publishers like IBM, Oracle, and Microsoft, and provides resources like articles, case studies, and webinars. It’s clear that Anglepoint isn’s a traditional e-commerce business, but rather a consultancy providing specialized services.

Financially, Anglepoint shows a mixed picture. While current assets increased by 58% to £1,200,000, net assets plummeted 73% to just £950,000—a significant decline. Bank borrowings surged by 240% to £32,000, and cash reserves increased by 39% to £420,000. Creditors also increased significantly, by 150% to £1,500,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s average number of employees increased by 41% to thirty-one, which could be a sign of growth, or perhaps a temporary staffing surge. The significant increase in creditors, however, suggests that Anglepoint may be relying on credit to manage its operations. It's possible that the company is investing in growth initiatives, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 07355750, with a registered address at EC3A 7LP, England, London, 30 Dukes Place.

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