Associated Industries Limited

Associated Industries Ltd from Birkenhead UK: a small company with an active status, was founded 40 years ago. It employs nine people and holds £2,099,179 in assets, operating from a real address. The company is led by two directors and has one owner, who is also the solo founder. It’s a regular importer of toys, games, and sports equipment, with three months of import activity recorded.

The company operates in the non-specialised wholesale trade industries. Officially, it has one owner or PSCs, two directors, and nine employees. 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, and fewer than 50 employees. The company’s website is not available, so it’s difficult to determine if it operates an e-commerce site.

Financially, Associated Industries Ltd shows some interesting trends. Accumulated depreciation on furniture fittings decreased by 4.6%, while motor vehicles saw a more significant drop of 41%. Plant machinery also experienced a decline of 75%. Bank borrowings increased by 80%, reaching £320,000, and cash reserves plummeted by 72%, leaving just £23,000. Creditors also increased by 17%, reaching £1,200,000. The company’s net assets increased by 6.2%, reaching £940,000. Trade debtors increased by 21%, reaching £1,400,000.

The company’s financial health is a bit of a mixed bag. The increase in bank borrowings and decrease in cash reserves suggest it might be burning through money, although the increase in trade debtors could be a sign of increased sales. The decrease in depreciation on plant machinery could indicate less investment in equipment. It's hard to say for sure without more information, but the company appears to be navigating a period of change. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 01855796, with a registered address at CH41 3RB, England, Birkenhead, 118 Cleveland Street.

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