Ayc Development Ltd

Ayc Development Ltd, based in Birmingham, UK, is a small, active company founded five years ago in December 2019. It holds £543,831 in assets and operates from a real address, managed by two directors and a single owner, who is also the solo founder. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of August 2023.

The company's website, AYC Psychology and Assessment Services, reveals a very different focus. It’s a provider of psychological assessments and interventions, specializing in autism and offering training development opportunities. The site highlights a team of chartered psychologists, occupational therapists, and speech therapists, catering to both private and professional clients. Services include assessments, consultations, interventions, and training, all geared towards helping individuals reach their potential. The company's mission emphasizes equality, inclusion, and achievement for all children and young people.

Financially, Ayc Development Ltd shows a mixed picture. Cash bank on hand has impressively grown by 300%, jumping to £62,000, while current assets have also seen a significant boost, increasing by 520% to £540,000. However, trade debtors have plummeted by a substantial 90%, falling to just £7,300—a concerning trend that could indicate payment difficulties. Creditors have also increased by 61%, reaching £990,000, and net current assets liabilities have decreased by 15% to -£450,000. Despite these challenges, the company’s equity has doubled to £160,000. 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 agility, but the increasing liabilities and decreasing debtors warrant closer attention. The accounts are unaudited, and no auditor is listed, which is common for small companies.

Overall, Ayc Development Ltd appears to be navigating a period of change. While the psychology services arm seems well-established and thriving, the financial data suggests the company is burning through cash and needs to address its debtor management to ensure long-term sustainability.

Registered in England/Wales under the registration number 12341777, with a registered address at B17 0LA, England, Birmingham, 72 Metchley Drive.

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