Apm Commercials Limited

Apm Commercials Ltd from Immingham UK: a small, active company founded 30 years ago, employs 45 people, and holds £1,990,317 in assets. It’s a real address, managed by six directors and one owner, and operates an e-commerce site with a stellar 5.0 Google rating from 77 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with six months of import activity recorded as of October 01, 2024.

The business focuses on the repair and maintenance of other transport equipment, and is a well-established player in the local area. Its website isn’t currently available, but its presence on Google suggests a strong customer base and a commitment to online visibility.

Financially, Apm Commercials Ltd shows a mixed picture. While current assets have increased by 9.2% to £2,000,000, net assets have jumped a significant 45% to £2,200,000. However, bank borrowings have surged by a substantial 75% to £13,000,000, and cash reserves have plummeted 100% to a mere £830. Trade debtors have increased by 31%, suggesting customers are taking longer to pay. 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. No auditor is mentioned, indicating it’s likely exempt from an audit.

The sharp increase in bank borrowings, despite the growth in net assets, is something to keep an eye on. It could indicate investment in new equipment or expansion, but also potentially increased operational costs. The company's success in maintaining a high Google rating, despite these financial pressures, is a testament to its customer service and quality of work.

Registered in England/Wales under the registration number 02997697, with a registered address at DN40 2LL, United Kingdom, Immingham, North East Lincolnshire, Apm House, Manby Road.

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