Atkinson Contract Services Limited

Atkinson Contract Services Ltd from Barking UK: a small company, holding company, active status, founded 34 years ago, employing 22 people, and holding £2,046,378 in assets. With seven directors and one owner, the company operates from a real address and has been a regular importer of furniture, lighting, and prefabricated buildings for three months (last import July 01, 2024), and a regular exporter for four months (last export April 01, 2024).

The company’s website highlights a broader range of services, including project management, warehouse storage, logistics, and even piano restoration through its associated business, 1066 Pianos. It's a family-run operation that emphasizes building lasting client relationships and providing quality service. The company has a showroom in Harrods, London, and operates from Cambridge.

Financially, Atkinson Contract Services Ltd demonstrates some interesting trends. While cash reserves increased by a substantial 150% to £860,000, current assets only grew by 27% to £2,000,000. Bank borrowings have been eliminated, a positive sign, but trade debtors have decreased by 6.8% to £1,200,000. Creditors increased by 21%, and net assets increased by 38% to £1,300,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in creditors could be a sign of growing expenses. Depreciation charges for plant machinery increased by 4.2% to £35,000. The company's financial statements are unaudited, which is common for small entities.

Overall, Atkinson Contract Services Ltd appears to be a stable, family-owned business, but the increase in creditors and the reliance on trade debtors suggest it's important to monitor its cash flow closely.

Registered in England/Wales under the registration number 02500548, with a registered address at IG11 0AQ, Barking, Essex, Unit 1 Wayside Commercial Estate, Alfreds Way.

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