Assigns Limited

Assigns Ltd from Letchworth UK is a small, holding company with an active status, having been founded 25 years ago in 1999. The company employs six people and holds £542,059 in assets, operating from a real address in Letchworth, Hertfordshire. With three directors and one owner, Assigns Ltd functions as a regular importer of furniture, lighting, and prefabricated buildings, having imported for 10 months, with the latest operation in February 01, 2025. It also exports miscellaneous metal items irregularly, having exported for 1 month, with the latest operation in February 01, 2025.

The company operates in the other manufacturing n.e.c. industries, and is classified as a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. Its website is currently unavailable, so it's difficult to assess its online presence.

Financially, Assigns Ltd shows some concerning trends. Cash reserves have dropped significantly, falling 48% to £100,000. Bank borrowings have also decreased, falling 28% to £26,000, which is a positive sign. However, net current assets have fallen 5.7% to £310,000. Trade debtors have increased by 21%, which could indicate challenges in collecting payments. Creditors have also risen by 14%, suggesting increased reliance on short-term financing. Prepayments have surged 510%, which could be related to increased inventory purchases. The company’s small size and lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s equity has increased by 4.1% to £360,000, which is a positive sign. Despite the mixed signals, Assigns Ltd appears to be navigating the current economic climate, though it's worth monitoring its cash flow and debt management in the coming months.

Registered in England/Wales under the registration number 03876828, with a registered address at SG6 1SP, Letchworth, Hertfordshire, Unit 21 Jubilee Trade Centre, Jubilee Road.

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