Aql International Ltd

Aql International Ltd from Bolton UK is a large company, holding company, and is currently active. Founded eleven years ago in 2013, it employs thirty-five people and holds assets worth £37,872,219. The company has a real address, is overseen by two directors, and is owned by Myee Ltd. Aql International Ltd regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and forty-nine months of export activity recorded.

The company operates as a telecoms operator, focusing on enabling smart cities and businesses to keep pace with technological changes. It offers a range of services including messaging, 5G network, data express service, voice, colocation, connectivity, M2M, IoT, and innovation. Aql Space services are also offered, and the company has worked on various projects, such as Parkrun, Leeds Hospitals Charity, and the Hackathon at the University of Huddersfield. They have a website that is well-designed and easy to navigate.

Financially, Aql International Ltd shows a mixed picture. While current assets increased by 28% to £38 million, net assets surged by an impressive 130% to £24 million. However, bank borrowings increased by a substantial 1,000% to £290,000, and cash reserves decreased by 10% to £1.4 million. Staff costs increased by 62% to £3.3 million. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet total over £18 million, and over 250 employees) suggests a robust operation, but the increased bank borrowings could indicate a need for additional funding. The company’s financial statements are audited by TC Group, which lends credibility to their reporting.

Overall, Aql International Ltd appears to be a dynamic and innovative company operating in a growing market. While the increased bank borrowings are a concern, the company’s strong asset base and growing revenue suggest it is well-positioned for future success.

Registered in England/Wales under the registration number 08599466, with a registered address at BL1 8DL, England, Bolton, Bolton North Business Park Unit 52 1st Floor, Rossini Street.

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