Aqua-source (s.w.) Limited

Aqua Source Sw Ltd, based in Truro, UK, is a small, family-run business with an active status. Founded 21 years ago, the company employs 38 people and operates from a real address in Cornwall. With two directors and two owners, it’s a tight-knit operation, currently holding £540,000 in equity. The company has a Google rating of 3.0 based on six reviews. Aqua Source Sw Ltd regularly imports electrical machinery and equipment, with 5 months of import activity recorded.

The company’s website describes Aqua Source Sw Ltd as specialists in water borehole drilling, ground source heat installations, and construction services. They offer a “complete package” from borehole drilling to pump installation and ongoing maintenance. They also provide construction services like concrete cutting and coring, and are Kensa ground source heat pump installers. The website clearly targets commercial and industrial clients, emphasizing expertise and reliability.

Financially, Aqua Source Sw Ltd shows a mixed picture. Bank borrowings decreased by 18% to £160,000, and cash reserves increased dramatically by 1100% to £160, but creditors also decreased by 10% to £610,000. Trade debtors have fallen by 40%, which could be a good sign of improved collections, but it also suggests a slower pace of sales. Net assets have increased by 18% to £540,000. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

It appears that Aqua Source Sw Ltd is a stable business, but the decrease in debtors could be a cause for concern. The company's focus on specialist services and family ownership suggests a long-term commitment to the industry, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 04888323, with a registered address at TR1 2DP, Truro, Cornwall, C/O Bishop Fleming, Chy Nyverow Newham Road.

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