Azil Racking And Shelving Limited

Azil Racking And Shelving Ltd from Milton Keynes, UK, is a small, active company founded nine years ago. Employing 30 people, it holds assets valued at £1,195,255. The company operates from a real address and is led by two directors and a single owner, who is also the solo founder. It runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 122 reviews. Azil Racking And Shelving is an irregular importer of iron or steel products, with just one month of imports recorded dating back to 2016.

The company’s website, Azil Ireland, positions itself as experts in racking and shelving solutions, serving both Northern Ireland and the Republic of Ireland. It offers a wide range of products, from new and used shelving to workbenches and longspan racking, catering to businesses needing warehouse storage solutions. The site highlights a comprehensive service, including consultation, repairs, installation, and inspections—a one-stop shop for racking needs. It even offers mezzanine floor systems and boasts a network of locations in Milton Keynes, Armagh, and Dublin.

Financially, Azil Racking And Shelving Ltd shows a mixed picture. Accumulated amortisation impairment for intangible assets grew by 17%, while depreciation for motor cars surged by a substantial 150%. Bank borrowings increased significantly, jumping 340% to £140,000, and cash reserves dropped 70% to £110,000. Creditors also increased, rising 270% to £140,000. Trade debtors ballooned by 270% to £600,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and increased debt raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Azil Racking And Shelving Ltd appears to be navigating a period of change. While its website and customer reviews suggest a strong market presence, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 10165148, with a registered address at MK17 0AU, England, Milton Keynes, Hammond Farm Whaddon Road, Newton Longville.

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