Applied Scientific Technologies Uk Ltd

Applied Scientific Technologies Uk Ltd, based in Middlesbrough, UK, is a small, active company founded seven years ago in 2017. Employing just three people, the firm holds £408,976 in assets and operates from a real address. It’s managed by three directors, though no owners are officially listed—likely one of the directors holds the shares. The company has been importing optical and medical tools and devices for two months, with the last import in March 2023, and exporting machinery parts for two months, with the last export in December 2021.

The company’s website is non-existent, so it’s difficult to determine if it operates an e-commerce site or primarily engages in business-to-business transactions. However, the company description indicates involvement in manufacturing specialized machinery, offering scientific and technical consulting, and conducting engineering design work—suggesting a focus on industrial clients rather than direct consumer sales.

Financially, Applied Scientific Technologies Uk Ltd shows some concerning trends. Cash reserves have fallen by 41%, dropping to £99,000, while net assets have decreased by 17%, settling at £160,000. Bank borrowings have increased slightly, with overdrafts up 2.5%, and creditors have decreased by 39%, which could be a positive sign of better debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the drop in cash and equity is notable. The company's average number of employees has doubled to six, which could be a sign of growth or a temporary increase in workload.

The unaudited financial statements, which are exempt from audit as a small company, show a significant drop in profit from £100,000 to £24,000. Trade debtors have also fallen dramatically, suggesting customers are paying slower. Overall, while the company appears to be operating, the financial data suggests it’s burning through cash and needs to carefully manage its expenses to maintain stability.

Registered in England/Wales under the registration number 10780858, with a registered address at TS9 5JZ, England, Middlesbrough, 1 Ellerbeck Way, Stokesley.

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