Asas(uk) Limited

Asas(uk) Limited, based in London, UK, is a small, active company founded eight years ago in June 2016. It holds £1,913,291 in assets and operates from a real address at 16 Grasmere Avenue. The business is run by one director and owner, Zhang Xinji. Asas(uk) Limited is a regular importer, specializing in clothing and accessories made by knitting or crocheting, with 411 months of import activity recorded, the last in January 2025. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, asasautomationsolutions.co.uk, showcases a different focus: the design, manufacture, and installation of electric gates and automated entry systems. It caters to both domestic and commercial clients, offering a range of services from barrier installation to access control, CCTV, and remote access solutions. The site highlights a focus on innovation and a "professional inhouse solution" complemented by consultancy, maintenance, repair, and installation services. A prominent feature is the ability to register for news updates, though the design seems a little dated.

Financially, Asas(uk) Limited presents a mixed picture. While current assets have increased significantly to £1,900,000, net assets have declined to -£160,000, a notable drop. Bank overdrafts remain steady at £91,000, but cash reserves have plummeted 88% to just £8,700. Creditors have increased dramatically, rising by 3,100% to £1,400,000, which could be a cause for concern. Trade debtors have also ballooned, increasing by 360% to £1,400,000. 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 stay nimble, but the significant equity decline warrants closer scrutiny. As a small company, it’s exempt from an audit, so the figures rely on unaudited statements.

Overall, Asas(uk) Limited seems to be experiencing some financial strain, despite increased assets. The company is holding steady, but the sharp decline in equity and the surge in liabilities suggest it's burning through money.

Registered in England/Wales under the registration number 10221809, with a registered address at SW15 3RB, England, London, 16 Grasmere Avenue.

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