Atc Group Limited

Acorn Financial Services Ltd, based in Wokingham, UK, is a small, active company established 22 years ago. With a modest £172,695 in assets and a real address, it’s a family-run business with three directors and a single owner. The company regularly imports financial software and services, with 16 months of import activity recorded, the latest in March 2025.

Acorn Financial Services specializes in providing bespoke financial solutions to small and medium-sized businesses. Their website highlights services including accountancy, bookkeeping, tax preparation, and payroll management. They emphasize a client-centric approach, offering personalized support and leveraging technology to streamline financial processes. The company's branding conveys trust and reliability—essential qualities in the financial services sector. They also mention a partnership with a software provider, suggesting integration of advanced tools into their service offerings.

Financially, Acorn Financial Services presents a mixed picture. Current assets decreased by 17%, falling to £160,000, while net assets also declined, dropping 20% to £80,000. Bank borrowings increased by 40%, reaching £20,000, and cash reserves fell by 30% to £30,000. Trade debtors increased by 50%, suggesting potential issues with customer payments, and creditors rose by 20% to £40,000. 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 decline in equity raises concerns. No auditor is mentioned, consistent with exemption for small companies.

In short, Acorn Financial Services is navigating a period of financial adjustment. While their services seem well-regarded, the recent trends suggest a need for careful management and potentially, a focus on improving cash flow. It's likely that the business is still adjusting to the post-pandemic economic climate, and their long-term success will depend on their ability to adapt and retain clients.

Registered in England/Wales under the registration number 04056781, with a registered address at RH1 5JQ, Redhill, Surrey, 17 Perrywood Business Park, Honeycrock Lane.

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