Aston-matthews Limited

Aston Matthews Ltd, based in Islington, UK, is a small, active company with a rich history, having been founded 75 years ago in 1950. Employing 21 people, the company holds assets valued at £1,547,034 and operates from a real address, overseen by two directors and a single owner. Aston Matthews is a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with 72 months of import activity and 21 months of export activity recorded.

The company’s website showcases a designer bathroom specialist, offering a wide range of products from cast iron baths to taps and showers. They have showrooms in London and Guildford, and their website highlights a focus on luxury, traditional, and designer bathrooms. It’s clear they cater to a high-end clientele, with a focus on authentic craftsmanship and a comprehensive design service. The site also features a blog with case studies and inspiration, reinforcing their expertise and positioning them as a leading authority in the bathroom industry.

Financially, Aston Matthews Ltd presents a mixed picture. Current assets have decreased by 5.6% to £1,500,000, while net assets have plummeted 53% to £140,000—a significant shift. Bank borrowings have increased by 140% to £90,000, and cash reserves have fallen by a modest 0.27% to £530,000. Creditors have also decreased by 2.1%, suggesting better management of short-term liabilities. 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 flexibility, but the substantial drop in equity raises questions about its long-term financial health. The company is exempt from an audit, so the figures are unaudited.

It’s likely that the company is facing increased competition or experiencing shifts in consumer demand, which could be contributing to the decline in equity. The continued import and export activity suggests that the core business remains active, but the company may need to adapt its strategies to maintain profitability.

Registered in England/Wales under the registration number 00479163, with a registered address at N1 2SN, United Kingdom, Islington, London, 141-147a Essex Road.

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