Arc Projects (maintenance) Limited

Arc Projects Maintenance Ltd, based in Hartley Wintney, Hook, UK, is a small, active company founded 18 years ago. With a single employee and £24,274 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances parts, with recent activity recorded just five months ago.

The company’s core business appears to be offering other service activities n.e.c., suggesting a broad range of maintenance and repair services. While a website isn’t available, this points to a more traditional, business-to-business operation rather than a direct-to-consumer e-commerce venture.

Financially, Arc Projects Maintenance Ltd presents a mixed picture. Current assets have fallen significantly, dropping 58% to £24,000, and net assets have plummeted 98% to just £220. Bank borrowings have also decreased, falling 42% to £17,000. Trade debtors, however, have exploded, increasing by a staggering 2600% to £17,000, which could indicate difficulties in collecting payments or a shift towards offering credit to customers. Despite this, creditors have also decreased, suggesting some improvements in managing short-term liabilities. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and only one employee. As a small company, it is exempt from an audit, so the figures are unaudited.

The sharp decline in equity and the substantial increase in trade debtors are concerning, suggesting the company is burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen, but it highlights the need for careful financial management.

Registered in England/Wales under the registration number 06139420, with a registered address at RG27 8NZ, United Kingdom, Hartley Wintney, Hook, Hampshire, Frost & Willan The Old Post, Office, High Street.

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