Ashbrook Roofing Supplies Limited

Ashbrook Roofing Supplies Ltd, based near Matlock in the UK, is a small, active company established 22 years ago. Employing 30 people and holding £680,631 in assets, it’s a well-established player in the roofing supply sector. The company, with three directors and a single owner, maintains a real address and boasts a stellar 5.0 Google rating based on 70 reviews. Regular imports of stone, plaster, cement, and similar materials have occurred over the past six months, with the last operation in April 2022.

The company’s website showcases a wide range of roofing materials, from slates and tiles to insulation and fixings, catering to both trade professionals and DIY enthusiasts. It operates as an e-commerce business, allowing customers to browse and purchase products online, with options for click-and-collect and nationwide delivery. The site also highlights technical experts and a commitment to customer support, emphasizing a focus on quality and service. There's a large selection of products, and the website is well-organized.

Financially, Ashbrook Roofing Supplies Ltd presents a mixed picture. Creditors increased by a significant 42%, reaching £1.3 million, while bank borrowings surged by 640%, hitting £81,000. Cash bank on hand, however, remained relatively stable at £490. A concerning trend is the decline in equity, which plummeted 670%, resulting in a negative balance of -£280,000. While average employee numbers decreased by 13%, to 26, this could reflect a strategic move to streamline operations. Debtors also rose considerably, by 76%, suggesting a potential issue with collecting payments. The company’s small size, meeting two of three criteria for being classified as small, helps it remain agile. No auditor is mentioned, which is likely due to the company being exempt as a small entity.

Overall, Ashbrook Roofing Supplies Ltd appears to be a well-regarded supplier facing challenges in maintaining profitability. The surge in debt and the significant equity decline warrant close monitoring, but the company’s strong online presence and positive customer reviews suggest it has the potential to navigate these pressures.

Registered in England/Wales under the registration number 04549398, with a registered address at DE4 2LF, Nr Matlock, Derbyshire, Harrison Way, Darley Dale.

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