Asco Components Limited
- Small
- Active
- 15 years
- 5 employees
- £167,109 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Asco Components Ltd, based in Birmingham, UK, is a small, family-run business with an active status, established fifteen years ago. Employing just five people, the company holds £167,109 in assets and operates from a real address. With two directors and two owners, it’s a tight-knit operation. The company regularly imports electrical machinery and equipment—a consistent 32-month import history—with the most recent activity in February 2025. Export activity is irregular, with just one month recorded in April 2023.
Asco Components specializes in transformer components, offering a wide range of products including bobbins, laminations, terminals, and metalwork. Their website, brimming with technical details, caters to industrial buyers, and it's clear they're not an e-commerce business—instead, they likely operate through direct sales and custom orders. The site’s navigation is comprehensive, and they even offer custom-built transformer bobbins. They're clearly focused on providing specialist components rather than selling directly to consumers.
Financially, Asco Components shows some concerning trends. Cash reserves have plummeted 74%, dropping to just £8,400, and current assets have decreased by 22% to £170,000. Debtor levels have also fallen by 23%, which could be a sign of slower payments. On the plus side, creditors have decreased by 11%, suggesting better management of short-term liabilities. Equity has taken a significant hit, falling 54% to £55,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it agile, but the sharp decline in equity raises questions. The unaudited financial statements, exempt from audit due to its size, rely on director-reported data.
While the company’s import activity remains consistent, the financial data suggests Asco Components is burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen—but for now, the company’s success hinges on maintaining its specialist product range and strong relationships with its customers.
Registered in England/Wales under the registration number 07033442, with a registered address at B9 5QP, Birmingham, Unit 19 Green Lane Industrial Estate, Bordesley Green.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Stoneman Andrew
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Stoneman Louise Marie
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Stoneman Louise Marie
- 8 years
-
Resident of United Kingdom
-
Individual
- Stoneman Andrew
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-09-29 with updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-09-30Download 7 pages pdf report
-
Confirmation statement made on 2023-09-29 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Asco Components Limited
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