Aston & Fincher Limited

Aston & Fincher Ltd, based in Birmingham, UK, is a large holding company with an active status. Established 55 years ago, in 1970, the company employs 308 people and holds assets worth £17,435,880. Its yearly revenue sits at £40,196,468, and it operates from a real address with four directors and two owners. The company runs an e-commerce site and boasts a respectable 4.0-star Google rating based on 36 reviews. It's a regular importer of furniture, lighting, and prefabricated buildings, with 156 months of import activity recorded.

As a large company, Aston & Fincher meets two of three criteria: turnover exceeding £36 million and a balance sheet total over £18 million, as well as having more than 250 employees. The company operates as a holding company, and while the accounts are unaudited, they offer a glimpse into its financial health.

Recent financial data reveals a mixed picture. Accrued liabilities increased by 19%, while amortisation of intangible assets also rose by 19%. However, cash bank on hand saw a significant boost, increasing by 44%. Despite this, administrative expenses increased by 10%, and the company’s net assets declined by 16%. Director remuneration increased by 19%, and the company paid out 15% less in dividends.

The company’s trade debtors increased by 15%, suggesting a potential challenge in collecting payments, while creditors also rose by 17%. It’s worth noting that the company’s turnover decreased by 2.6%, despite the rising costs of administrative expenses. The accounts show a decline in retained earnings, which is a concern.

The company’s auditor, Prime, hasn't flagged any significant issues, but the overall trend suggests a need for careful financial management. The company’s e-commerce site and regular imports demonstrate ongoing activity, but the financial data paints a picture of a business navigating a period of change and needing to maintain a strong focus on cost control and revenue generation.

Registered in England/Wales under the registration number 00970902, with a registered address at B6 7BB, Birmingham, West Midlands, Pavilion Drive, Off Holford Drive.

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