Aq Rent Uk Ltd

Aq Rent Uk Ltd is a small, active company based in Billingham, UK, established twenty-four years ago in November 2000. With twenty-three employees and £1,807,771 in assets, it operates from a real address on Cowpen Lane Industrial Estate. Five directors oversee the business, which is owned by Koks Gerardus Anthonius Maria. The company regularly imports and exports machinery, boilers, and mechanical appliances, with a strong focus on parts—eighteen months of imports and thirteen months of exports recorded.

The company’s primary activity involves renting and leasing machinery and equipment, catering to industrial clients. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The website is non-existent, so it's unclear if they have an online presence beyond their business listings.

Financially, Aq Rent Uk Ltd shows a mixed picture. Current assets have decreased by 25%, dropping to £1,800,000, while net assets have plummeted 79%, resulting in a negative figure of £720,000. Bank borrowings have increased by 25%, reaching £1,700,000, and cash reserves have fallen by 63%, leaving just £150,000. However, trade debtors have surged by 58%, indicating potential issues with customer payments, and creditors have decreased by 78%, suggesting improved debt management. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s substantial increase in bank borrowings and decrease in cash reserves raise concerns about its financial health. While the increase in trade debtors could be a temporary blip, the negative equity figure is a significant warning sign. The company's directors are changing every four months, which is a good sign for selling them something.

Registered in England/Wales under the registration number 04106622, with a registered address at TS23 4JD, England, Billingham, 7 Daimler Drive, Cowpen Lane Industrial Estate.

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