Awl U.k. Ltd

Awl Uk Ltd from Chandlers Ford UK is a small holding company with an active status, established 36 years ago in 1989. The company employs 21 people and holds assets worth £212,285. It operates from a virtual address, managed by a single director and owner. Awl U.k. Ltd regularly imports and exports electrical machinery and equipment, with 55 months of import activity and 3 months of export activity recorded.

The company’s core business revolves around the manufacture of other special-purpose machinery, catering to various industries. While it doesn’t appear to have a public-facing website, its activities suggest a B2B focus, supplying equipment rather than directly selling to consumers.

Financially, Awl U.k. Ltd has experienced some significant shifts. Current assets have decreased by a substantial 83%, dropping to £210,000. Bank borrowings have increased by 190%, reaching £150,000, and cash reserves have fallen 57%, sitting at £77,000. Equity has plummeted 610%, resulting in a net asset position of -£1,300,000. Creditors have also decreased by 15%, suggesting some improvement in managing short-term debts. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The financial statements are audited by Rothmans Audit LLP.

The sharp decline in equity is a notable concern, potentially indicating losses or increased debt. It’s possible that the company has invested heavily in new equipment or expanded its operations, leading to a temporary strain on its financial position. The increase in bank borrowings suggests a reliance on external funding to support its activities. While the decrease in creditors is a positive sign, the overall financial picture suggests that Awl U.k. Ltd is navigating a challenging period, and it’s important to monitor its performance closely.

Registered in England/Wales under the registration number 02354143, with a registered address at SO53 2DR, England, Chandlers Ford, Hampshire, Fryern House, 125 Winchester Road.

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