Ascot Signs Ltd

Ascot Signs Ltd, a medium-sized company based in Londonderry, UK, is a holding company with an active status. Founded twelve years ago in 2013, it employs sixty-three people and holds assets worth £10,359,463. The company’s yearly revenue is £16,151,153, and it operates from a real address shared by only two other companies. It’s managed by three directors and owned by Lifco Ab and Maydown Holdings Ltd.

Ascot Signs specializes in architectural signage and wayfinding solutions for the built environment. Its website showcases projects across various sectors, including hotels, infrastructure, healthcare, and retail. The company offers services like design, manufacturing, and installation, emphasizing quality, integrity, and attention to detail. They’re proud to have worked with global brands and boast a track record of successful completed projects.

Financially, Ascot Signs presents a mixed picture. While revenue increased by a respectable 16%, net assets decreased by a significant 33% to £7.6 million. Bank borrowings surged by 250%, reaching £1.2 million, while cash reserves dropped by 35% to £1.3 million. Creditors, however, decreased by 11%, suggesting better debt management. The company’s size—meeting two of three conditions for a medium company—allows for agility, but the equity decline warrants closer examination. The company's auditors, Riverside Accountancy Lancaster Limited, have reported that the company has not been able to keep adequate records.

Ascot Signs’ import activity is sporadic, bringing in furniture, lighting, and prefabricated buildings for just one month out of the last year. Export activity is equally infrequent, involving miscellaneous metal items for two months. The company's financial data, while showing growth in revenue, also reveals a need to manage debt and maintain a healthy cash flow—something to keep an eye on going forward.

Registered in Northern Ireland under the registration number NI616201, with a registered address at BT47 6UQ, Londonderry, Co Londonderry, Ascot House 2a Carrakeel Drive, Maydown.

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