Asap Fire Systems Limited

Asap Fire Systems Ltd from Droitwich UK: a small, active company founded 16 years ago, employs 20 people, and holds £487,386 in assets. Operating from a virtual address, the company is led by one director and owned by two individuals, with a solo founder at its helm. It boasts a 3.0 Google rating based on five reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded.

The company’s website showcases a range of fire safety services, from sprinkler systems and dry/wet risers to fire pumps and hose reels. It offers risk assessments, Amerex systems, and even ROV surveys, catering to both commercial and residential clients. The website emphasizes "first class service" and a "passion for fire safety," highlighting its commitment to high-quality work and exceptional customer service. It also mentions being accredited by SAFE contractors and ISO 9001 approved. The company has a nationwide coverage and provides emergency callouts, even after hours.

Financially, Asap Fire Systems Ltd presents a mixed picture. Current assets have decreased by 7.1% to £450,000, while net assets have plummeted 95% to just £3,800—a significant drop. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have fallen 34% to £70,000. Creditors, however, have risen by 89%, suggesting a need for better 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) helps it remain agile, but the sharp equity decline raises questions. The unaudited figures, without an auditor mentioned, rely on director-reported data.

Overall, Asap Fire Systems Ltd appears to be navigating a challenging financial period, despite its reputation for quality service and accreditation. Whether it can sustain its growth and maintain its strong customer base remains to be seen.

Registered in England/Wales under the registration number 06852753, with a registered address at WR9 9AY, Droitwich, Worcestershire, The Oakley, Kidderminster Road.

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