Asfordby Doors Limited

Asfordby Doors Ltd from East Goscote UK: a small, active company founded 23 years ago, employs 13 people, and holds £269,569 in assets. It’s a family business with two directors and two owners, boasting a solid 4.0 Google rating from six reviews. The company is an irregular importer, bringing in electrical machinery and equipment for about a month.

The business operates in the manufacture of metal structures and parts of structures, and is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. Its registered address is real, as only one other company is registered there.

While the company’s website isn’t available, the financial data reveals a mixed picture. Current assets have decreased by 27%, dropping to £270,000. Bank borrowings have also declined by 29%, reaching £55,000, and cash reserves have fallen 46% to £70,000. However, creditors have decreased by 17%, suggesting improved debt management. Trade debtors have remained steady, but the decrease in cash reserves and the increase in other creditors by 340% raise concerns. The company’s small size helps it stay agile, but the decline in equity—down 40%—is a significant factor.

The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. Overall, Asfordby Doors Ltd appears to be facing some financial headwinds, but its family ownership and established presence could help it weather the storm.

Registered in England/Wales under the registration number 04416928, with a registered address at LE7 3XD, East Goscote, Leicestershire, 112 The Burrows.

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