Apy Limited

Apy Limited is a small, active company based in Leicester, UK, established 26 years ago in 1998. With six employees and £117,347 in assets, it operates from a real address and is led by two directors and a single owner, who is also the solo founder. The company regularly imports man-made staple fibers, with 15 months of import activity recorded, the last in March 2022.

Apy Limited’s business activities encompass retail sales via mail order and internet, alongside other business support services. Its website reveals a focus on wholesale distribution and a commitment to customer service, with a blog section offering insights into the textile industry. The company’s operations seem to be geared towards providing a range of textile products and related services to businesses.

Financially, Apy Limited presents a mixed picture. Current assets have decreased by 23%, dropping to £120,000, while net assets have improved to £310, a significant turnaround from the previous year's -£2400. Cash reserves have fallen by 33%, leaving £9,700, and bank borrowings have increased by 68%, reaching £26,000. Trade debtors have plummeted by 86%, suggesting improved collection efficiency, but creditors have also decreased by 31%, indicating better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. No auditor is mentioned, as the company is likely exempt.

Overall, Apy Limited appears to be navigating a period of change, with both challenges and opportunities. The company's long-standing presence in the market and its focus on customer service suggest a resilient business, but the financial figures indicate a need for careful management of resources and a keen eye on future trends.

Registered in England/Wales under the registration number 03610928, with a registered address at LE5 4LE, Leicester, Leicestershire, Watergates Building, 109 Coleman Road.

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