Asl 2024 Ltd

2202 Sales Ltd, based in London, UK, is a small, active company founded 21 years ago. It employs six people and holds £458,211 in assets. The company has a real registered address and is managed by four directors and two owners. It operates as an importer of electrical equipment, with 14 months of import activity recorded, the last in February 2024.

The company’s website, 2202 Sales, focuses on supplying electrical components and equipment to industrial and commercial clients. It offers a wide range of products, from cables and connectors to control panels and lighting systems. The site emphasizes competitive pricing, fast delivery, and technical support—key factors for success in the electrical supply market. It also highlights its commitment to quality and safety, with products meeting relevant industry standards.

Financially, 2202 Sales Ltd presents a mixed picture. Current assets decreased by 15% to £470,000, while net assets declined 22% to £200,000—a noticeable drop. Bank borrowings increased by 100%, reaching £18,000, and cash reserves fell 45% to £32,000. Trade creditors decreased by 12%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants attention. No auditor is mentioned, relying on unaudited statements.

Overall, 2202 Sales Ltd seems to be navigating a period of adjustment. Its focus on electrical supplies and customer service remains strong, but the financial results suggest a need for careful management and possibly, a review of its pricing strategy. It’s a small business, and these things happen, but the trend is something to watch.

Registered in England/Wales under the registration number 01023030, with a registered address at AL9 7HF, Hatfield, Hertfordshire, Travellers Lane, Welham Green.

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