Aslotel Limited

Aslotel Ltd from Leatherhead UK: small company, holding company, active status, founded 38 years ago, 5 employees, £3,654,613 assets, real address, 2 directors, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (23 months imported). Regular exporter of electrical machinery and equipment (28 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the non-specialised wholesale trade industries.

The company's website is not available for review, making it difficult to ascertain if it operates an e-commerce platform or relies solely on wholesale channels. A quick search reveals no obvious online presence beyond company listings, suggesting a business-to-business focus.

Financially, Aslotel Ltd presents a mixed picture. Current assets have decreased by 5.7% to £3.7 million, while net assets have also fallen by 3% to £3 million. Bank cash has increased by 4.7% to £2.3 million, a positive sign. However, trade debtors have dropped significantly by 36%, which could indicate difficulties in collecting payments. Creditors have also decreased by 12%, which is a good sign. The company’s small size helps it stay agile, but the decrease in assets and debtors warrants attention. The company’s auditor is not mentioned, which is likely due to its status as a small company.

The company’s fixed assets have increased by 14%, which may be due to new equipment purchases. However, the future minimum lease payments have fallen by nearly 50%, which could be due to renegotiated contracts or a reduction in leased space. The company’s financial data suggests a stable, but not necessarily thriving, operation. It's a holding company, so it may be investing in other businesses, which could explain some of the fluctuations.

Registered in England/Wales under the registration number 02064874, with a registered address at KT22 8DN, England, Leatherhead, Surrey, Manor House, Church Street.

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