A.s.b. (uk) Limited

Asb Uk Ltd from Harrow UK: small company, active status, founded 23 years ago, 10 employees, £2,815,168 assets, real address, 2 directors, 1 owner. Regular importer of electrical machinery and equipment (47 months imported). Regular exporter of none (5 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other letting and operating of own or leased real estate, the management consultancy activities other than financial management industries. Officially, it has one owner or PSCs, two directors, and ten employees.

The company’s core business revolves around importing electrical machinery and equipment, a practice spanning a significant 47 months, with the last import recorded in December 2016. It has also dabbled in exporting, though only for a brief period of five months, concluding in June 2016. While the company's website is unavailable, it’s likely that Asb Uk Ltd is focused on B2B operations, supplying electrical components or equipment to businesses rather than direct consumer sales.

Financially, Asb Uk Ltd presents a mixed picture. While current assets are impressive at £2,815,168, a substantial increase of 590% from the previous year, net assets have decreased by 3.5% to £11,000,000. Bank borrowings have also risen significantly, increasing by 180% to £1,800,000, which may indicate investments in inventory or expansion. Creditors have also increased, suggesting a reliance on short-term financing. Cash reserves have seen a dramatic surge, increasing by 7,400% to £2,000,000, a positive sign of improved liquidity. The company's small size helps it stay agile, but the increase in borrowings and the decrease in net assets raise questions about its long-term financial stability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Asb Uk Ltd appears to be a well-established importer of electrical equipment, but it’s facing financial pressures. The company’s ability to navigate these challenges will depend on its ability to manage its debts and maintain its import business.

Registered in England/Wales under the registration number 04345135, with a registered address at HA1 2EY, England, Harrow, Middlesex, 7 St. John's Road.

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