Automation Solutions Limited

Automation Solutions Limited, based in Cranleigh, UK, is a small, holding company with an active status. Established 34 years ago in August 0f 1990, the company employs six people and holds assets totaling £931,897. It operates from a real address and is overseen by three directors and one owner. The company is an irregular importer and exporter, with no import or export activity recorded in the last 12 months.

The company’s website is not available, so it's difficult to determine the specifics of their operations. However, the company operates in the business and domestic software development industries.

Financially, Automation Solutions Limited presents a mixed picture. While current assets increased by 91% to £930,000, net assets decreased by 54% to £76,000. Cash bank on hand plummeted by 83% to just £41,000, and trade debtors skyrocketed by 280% to £860,000. Creditors also increased significantly, by 160% to £870,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is concerning. The company is exempt from an audit, so the financial statements are unaudited. The company’s net losses deepened from -£10,000 to -£23,000. It’s possible the company is investing heavily in growth, or it could be facing challenges in managing its finances. The increase in trade debtors suggests the company may be struggling to collect payments from its customers.

Registered in England/Wales under the registration number 02530925, with a registered address at GU6 8RZ, England, Cranleigh, Astra House, The Common, Cranleigh, The Common.

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