App (uk) Limited

App (uk) Limited, based in Tewkesbury, UK, is a small holding company with an active status, having been founded 22 years ago in 2003. It employs four people and holds assets totaling £1,984,983. The company operates from a real address and is overseen by one director and one owner. It runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances—parts, with 111 months of import activity recorded up to January 2025. It exports plastics and plastic products irregularly, with just one month of export activity recorded as of November 2024.

The company’s website reveals it’s a wholesale distributor of heating and hot water products, serving both independent plumbers and retail customers. It operates through several divisions: Plumbing and Heating, Retail and Stores, Distribution, and Brands and Imports. The company boasts a wide range of brands, including Baxi, Potterton, Everflo, and Lavata, and even imports exclusive products. It has nine regional locations and a fleet of transport vehicles, and it's a family-run business, with Allan Pierce as the owner.

Financially, App (uk) Limited is showing some concerning trends. Cash bank on hand has plummeted by 42%, falling to £1.4 million. Current assets have also decreased by 35%, now standing at £2 million. Trade debtors have fallen by 38%, and bank borrowings have increased. However, creditors have also decreased by 38%, and equity has risen by 51%. The company’s small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—helps it remain flexible, but the decline in cash reserves warrants attention. There is no auditor mentioned, meaning the financial statements are unaudited.

Overall, App (uk) Limited appears to be navigating a period of change, with some financial headwinds. The company’s diverse operations and established brand partnerships suggest a foundation for future growth, but it will need to carefully manage its cash flow and address the declining asset base.

Registered in England/Wales under the registration number 04646615, with a registered address at GL20 8NB, England, Tewkesbury, Gloucestershire, Unit 10, Ashchurch Industrial Estate Alexandra Way, Ashchurch.

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