Astra Vehicle Technologies Limited

Astra Vehicle Technologies Ltd from Deeside, UK, is a small, active company founded 20 years ago. With 22 employees and £1,663,189 in assets, it’s a well-established operation. Five directors and two owners oversee the business, which holds a stellar 5.0 Google rating based on two reviews. Astra Vehicle Technologies regularly imports electrical machinery and equipment—15 months of import activity recorded—while occasionally exporting vehicles, parts, and accessories (excluding trains and trams), with just one month of export activity.

The company operates in the manufacture of other transport equipment, and its website, while currently unavailable for detailed analysis, suggests a focus on vehicle-related services. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

A review of its financial data reveals a mixed picture. While cash reserves increased by a healthy 53% to £920,000, net assets declined slightly by 1.3% to £1,400,000. Trade debtors decreased significantly by 22%, which is a good sign, but creditors increased by 15% to £350,000. Bank borrowings also saw a notable drop of 29%, indicating better debt management. The company’s property, plant, and equipment increased by 14% to £210,000, suggesting investment in its operations. The company has elected not to include a copy of the profit and loss account within the financial statements.

The company’s financial statements are unaudited, as is typical for small companies. The increase in property, plant, and equipment shows a commitment to growth, but the slight decrease in net assets warrants attention. It’s likely that Astra Vehicle Technologies is navigating the challenges of a competitive market, but its strong Google rating and ongoing import activity suggest a solid foundation for the future.

Registered in England/Wales under the registration number 05452089, with a registered address at CH5 2NU, Wales, Deeside, 80/82 First Avenue, Deeside Industrial Park.

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