Asgard Hi-tech Solutions Limited

Asgard Hi-Tech Solutions Ltd from South Shields UK: a small company with an active status, founded four years ago, employs 26 people, and holds £13,645,641 in assets. It has a real address, five directors, and one owner, boasting a perfect 5.0 Google rating based on a single review. The company regularly imports iron or steel products, with 35 months of import activity recorded, the latest in February 01, 2025.

The company's website, Asgard Cleanrooms, showcases a business specializing in the design, construction, and supply of cleanrooms and controlled environments, primarily for the biopharmaceutical sector, but also serving the EV battery and semiconductor industries. They offer a wide range of services, from design and estimating to construction, qualification, and maintenance, and even offer offsite construction solutions. Their website highlights projects across EMEA, UK, and North America, emphasizing modular design and partnership with clients. They have a wide range of products including partition systems, ceiling systems, glazed walls, doors, and accessories.

Financially, Asgard Hi-Tech Solutions Ltd exhibits some interesting trends. Accrued liabilities and deferred income increased dramatically, rising 960% to £7,900,000, while cash bank on hand surged an impressive 81,000% to £8,000,000. This suggests a significant increase in outstanding payments, potentially linked to project growth, but also a substantial influx of cash. Conversely, amounts owed by group undertakings plummeted 99.9% to just £1, a sharp decrease that could reflect changes in inter-company transactions. Trade creditors also increased significantly, rising 950% to £13,000,000, which could be a result of expanding operations and increased supplier payments. Net assets increased 1100% to £950,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the large increase in liabilities warrants close attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Asgard Hi-Tech Solutions Ltd is experiencing rapid growth, but managing its liabilities will be crucial for sustained success. The company's focus on specialized cleanroom solutions and strong partnerships positions it well in a growing market, but the financial data suggest a need for careful cash flow management.

Registered in England/Wales under the registration number 13382028, with a registered address at NE33 1LE, England, South Shields, 4 Market Dock, Waverley.

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