Aswo Uk Ltd

Aswo Uk Ltd from Coventry UK: a small, active company founded eight years ago, employs five people, and holds £3,514,257 in assets. It’s a real address with three directors, but surprisingly, no owners are listed. The company regularly imports electrical machinery and equipment – a total of 247 months of import activity, with the latest in February 2025 – and also exports, though less frequently, with seven months of export activity, the last in September 2023.

The company’s website, ASWO, presents itself as a European service platform for after-sales services, specializing in spare parts and accessories for household appliances, consumer electronics, and mobile technology. It operates across 36 European countries, offering solutions like online parts stores (SpaceShopSystem), warranty services, technical support (EURAS), and training programs. The site even boasts a partnership with Megadata, suggesting a focus on data-driven solutions. It's clear that ASWO isn’s just a retailer; it’s a complex ecosystem supporting manufacturers, retailers, and end consumers alike.

Financially, ASWO Uk Ltd shows a mixed picture. While cash and bank balances increased by 6.2% to £2,000,000, net assets actually decreased by 100% to just £12,000. This is a significant drop, though it’s important to note that retained earnings also decreased by 100%. Trade creditors increased substantially by 240% to £34,000, and bank borrowings decreased, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity warrants attention. The unaudited accounts, prepared using Caseware UK (AP4) software, rely on director-reported data, and Bishop Fleming LLP served as the auditor. The company’s focus on wholesale and service provision, alongside its European reach, suggests a business model that’s more than just simple retail, but the financial figures need closer scrutiny.

Registered in England/Wales under the registration number 10398999, with a registered address at CV3 2TX, England, Coventry, Business Innovation Centre - Unit 20 Harry Weston Road, Binley.

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