Ashbe Ltd

Ashbe Ltd from Romford UK: a small, active company founded five years ago, employs thirteen people, and holds £36,533 in assets. It's a solo-founded operation with two directors overseeing its activities. Ashbe is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with its last import operation recorded one month ago. The company operates in the “other manufacturing n.e.c.” industries.

Ashbe Construction is a bespoke design and build company focused on providing exceptional client service and enhancing the community. Locally owned and operated, it boasts decades of experience and a unique approach to each project. Its website showcases a portfolio of projects, including renovations of the Jersey Opera House and sponsorship of a White Collar DJ event, highlighting a commitment to both heritage and community engagement. The site also details expertise in areas like entry-level apartments, affordable housing, and historical renovations. The company’s website also provides contact information and a privacy policy.

Financially, Ashbe Ltd’s recent performance presents a mixed picture. Current assets have decreased by 15% to £37,000, while net assets have fallen by 24% to -£270,000. Bank borrowings have increased by 23% to £300,000, and cash reserves have plummeted 74% to just £4,200. Trade debtors have risen significantly by 98% to £11,000, and creditors have increased by 20% to £310,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests potential financial strain. The accounts are unaudited, and no auditor is mentioned. It seems the company is struggling to maintain a positive cash flow, and it's relying on increased borrowing to cover its debts.

Registered in England/Wales under the registration number 12535110, with a registered address at RM1 1ED, United Kingdom, Romford, Essex, Unit 135b North Street.

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