Aspock Uk Limited

Aspock Uk Limited, based in Bishop's Stortford, UK, is a medium-sized company with a solid 23-year history. The business, currently active, employs 47 people and boasts assets of £8,732,625, generating a yearly revenue of £16,124,969. It has a real address and is managed by three directors and two owners, holding a respectable Google rating of 5.0 based on one review. The company regularly imports and exports electrical machinery and equipment, with 283 months of import activity and 57 months of export activity.

Aspock Uk Limited operates in the wholesale trade of motor vehicle parts and accessories industries. Its website, while not detailed, suggests a focus on supplying components and accessories to the automotive sector. The company’s core business involves the design, manufacture and supply of prefabricated lighting systems for towed vehicles.

Financially, Aspock Uk Limited shows a mixed picture. While turnover remained consistent, current assets increased by 9.6% to £8,732,625. However, bank borrowings increased by 150%, reaching £160,000, and cash reserves fell by 170%, dropping to £190,000. Creditors decreased by 4.7%, suggesting improved debt management. The company meets the criteria for a medium-sized business, with turnover under £36 million, balance sheet total under £18 million, and fewer than 250 employees. The audit firm, Affinia (Colchester), performed the audit, and Oliver James White ACA signed off on the financial statements.

The increase in bank borrowings and decrease in cash reserves could indicate increased investment in inventory or expansion efforts. The decrease in creditors suggests the company is effectively managing its short-term liabilities. The directors’ remuneration decreased by 35%, which could be due to various factors, including changes in management structure or compensation packages. Overall, Aspock Uk Limited appears to be a stable, medium-sized company, but the financial trends warrant close monitoring to ensure long-term health.

Registered in England/Wales under the registration number 04314525, with a registered address at CM22 7DG, Bishop's Stortford, Hertfordshire, Unit 19 Stansted Distribution Centre, Great Hallingbury.

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