Ascot Doors Ltd

Ascot Doors Ltd, a large company based in Greater Manchester, UK, has been a fixture in the door manufacturing industry for 43 years. With 90 employees and £7.86 million in assets, the firm generates £14.45 million in revenue annually. It's a holding company with five directors and one owner, boasting a 3.0-star Google rating from just two reviews. The company regularly exports iron or steel products (26 months), but imports electrical machinery and equipment irregularly (2 months).

The company’s website highlights its position as the UK’s leading independent door company, offering a comprehensive service from design and manufacture to installation. It caters to retail, industrial, and commercial sectors, emphasizing custom-made doors and shutters. The site also promotes a 24-hour service hotline and a finance strategy offering workshops. A key aspect is its focus on 40 years of experience and a team of skilled professionals, with client testimonials praising their support and efficiency.

Financially, Ascot Doors Ltd presents a mixed picture. While current assets increased by 20% to £7.9 million, net assets decreased by 11% to £3.2 million. Bank borrowings decreased significantly by 83% to £44,000, and cash reserves grew by 33% to £620,000. Creditors decreased by 22% to £4.9 million, suggesting improved debt management. The company meets the criteria to be considered large, having a turnover of over £36 million, balance sheet total over £18 million, and more than 250 employees. The increase in average employees by 5.6% to 95, and the increase in administrative expenses by 10% to £3.6 million, could be linked to expansion or increased operational costs. The company's auditor is Sumer Auditco Limited. Overall, Ascot Doors Ltd seems to be financially stable, but the decrease in net assets warrants closer monitoring.

Registered in England/Wales under the registration number 01574755, with a registered address at BL2 2HE, United Kingdom, Greater Manchester, Brittania Way Industrial Park Union Road, Bolton.

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