Ashfield Aggregates Ltd

Ashfield Aggregates Ltd from Sutton-In-Ashfield UK: a small, active company founded eight years ago, employs just one person, and holds a modest £44 in assets. It’s a family business with a solo founder and a perfect 5.0 Google rating based on two reviews. The company operates in the agents involved in the sale of timber and building materials, the retail sale via mail order houses or via internet, and temporary employment agency activities.

The company’s website, Ashville Aggregates, presents itself as a ready-mix concrete supplier and plant hire service operating in London and surrounding areas. It offers a range of concrete products, from ready-mix concrete and screed to concrete pump hire and foamed concrete. The site emphasizes environmental sustainability, offering waste solutions and aggregates supply that work in tandem for efficiency and quality. They use both volumetric mixing lorries (mobile batching plants) and traditional drum mixing lorries, catering to projects of all sizes. The website also showcases a broader range of businesses under the Ashville umbrella, including construction, plant hire, and entertainment.

Financially, Ashfield Aggregates Ltd’s numbers paint a concerning picture. Current assets have plummeted a staggering 96%, leaving just £44, while net assets have fallen by 26% to £1,600. Bank overdrafts have decreased by 46%, which is a positive, but cash reserves are down 88%. Trade debtors remain consistent, but creditors have decreased by 39%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the sharp decline in assets and cash is a cause for concern. The unaudited accounts, prepared using VT Final Accounts software, show no auditor mentioned, which is typical for companies exempt from an audit.

It seems Ashfield Aggregates Ltd is facing financial headwinds. While the website projects a professional image and a commitment to quality, the underlying numbers suggest the company is burning through cash. Whether the business can recover and sustain its operations remains to be seen.

Registered in England/Wales under the registration number 10571177, with a registered address at NG17 2EF, United Kingdom, Sutton-In-Ashfield, 35 Pelham Street.

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