Asp Trade Ltd

Asp Trade Ltd, based in Hook, UK, is a small, active company founded four years ago. With two employees and £160,423 in assets, it operates as a solo-founder venture with a single director and owner. The company runs an e-commerce site and has a respectable Google rating of 4.0 based on five reviews. It's a regular importer, specializing in machinery, boilers, and mechanical appliances, with 21 months of import activity recorded, the last in January 2025.

The company’s website showcases a wide range of power and hand tools, garden tools, and accessories, catering to both trade and retail customers. It offers a discount for trade buyers and emphasizes fast delivery. The site lists various brands, including DeWALT, Makita, and Hyundai, and features new products and special offers. It’s clear the company is focused on online sales and building a comprehensive catalog of tools and equipment.

Financially, Asp Trade Ltd shows a mixed picture. Current assets increased by 22%, reaching £160,000, while net assets grew by a substantial 38% to £82,000. Bank overdrafts remained steady at £1, and cash reserves improved by 18% to £31,000. Creditors rose by 9% to £78,000, and taxation and social security payable decreased by 16% to £26,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the increase in creditors suggests a need to manage cash flow. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Asp Trade Ltd appears to be a growing e-commerce business, but it’s important to monitor its cash flow and manage its creditors effectively. The company’s focus on a niche market—power and hand tools—and its commitment to customer service position it well for continued success.

Registered in England/Wales under the registration number 12692042, with a registered address at RG27 0AG, England, Hook, Turgis Green Garage, Turgis Green.

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