Autoscan Limited

Autoscan Ltd from Edinburgh UK: a small, active company founded 67 years ago, employs six people, and holds £402,758 in assets. It's a family business with four directors and two owners, boasting a 1.0 Google rating based on just one review. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago in December 2024.

The company's website, autoscanuk.co.uk, focuses on automated storage solutions, specifically vertical storage lifts and carousels. It serves both industrial and office environments, offering services like maintenance contracts, relocations, and software upgrades. The site highlights its ability to reclaim floor space, improve stock management, and enhance workforce health and safety. It even caters to used equipment buyers, offering cost-effective solutions. The company is based in Nottingham and has a showroom in Harrods, London.

Financially, Autoscan Ltd presents a mixed picture. While turnover remains undisclosed, current assets have decreased by 10% to £400,000. Cash reserves have plummeted by a significant 91%, dropping to just £9,500. Debtor levels have risen by 22%, suggesting potential challenges in collecting payments. However, creditors have also decreased by 16%, indicating improved debt management. The company's small size (meeting two of three conditions for being considered small) helps with agility, but the sharp decline in cash and equity (down 10%) raises concerns. The lack of an auditor mentioned suggests the figures are unaudited.

Overall, Autoscan Ltd appears to be navigating a period of financial strain, despite its established presence and specialized services. The company’s long history and family ownership could provide resilience, but addressing the cash flow challenges will be crucial for its continued success.

Registered in Scotland under the registration number SC032590, with a registered address at EH6 7BD, Scotland, Edinburgh, City Of Edinburgh, Summit House, 4-5 Mitchell Street.

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