Asr Solutions Ltd

ASR Solutions Ltd, based in Reading, UK, is a small, active company founded five years ago. With four employees and £1,888,423 in assets, it’s a solo-founder operation led by a single director and owner. The company operates from a real address, with only three other companies registered at the same location. It's a regular importer of drinks, alcohol, and vinegar, with 3 months of import activity recorded, and an irregular exporter with just one month of export activity.

The company's website, ASR Solutions Technology, positions itself as a provider of technology services for the transportation industry. It offers consulting, application development, mobile development, business intelligence, and telematics solutions. They are an official reseller for Geotab, a global leader in IoT and connected transportation. The site highlights a range of services, including data replication, workflow automation, and advanced reporting—all geared toward optimizing transportation operations.

Financially, ASR Solutions Ltd presents a mixed picture. While cash bank on hand has increased significantly by 430% to £53,000, creditors have surged dramatically by 710% to £1,800,000. Trade debtors have also increased substantially by 770% to £1,800,000. Equity, however, remains unchanged at -£19,000. 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 agility, but the substantial increase in liabilities raises questions about its financial health. The company's average number of employees has decreased to zero, which is a bit unusual. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, ASR Solutions Ltd appears to be navigating a period of rapid growth, but the significant increase in debt suggests it may be burning through cash to fuel that growth. The company's focus on specialized technology services for the transportation industry, however, provides a foundation for long-term success.

Registered in England/Wales under the registration number 12002361, with a registered address at RG1 8LB, England, Reading, Berkshire, 1 Meadow Road.

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