2g Products Limited

2g Products Ltd, based in Aberdeen, UK, is a small, active company established 19 years ago. With four employees and £117,994 in assets, it’s a solo-founded operation managed by two directors. The company holds a stellar 5.0 Google rating based on three reviews. It’s a regular importer of aluminum and aluminum products, with 5 months of import activity recorded, the latest in September 2024. It also engages in irregular exporting of optical and medical tools and devices, with just one month of export activity as of October 2023.

The company’s website highlights its specialization in control fascia panel manufacture, offering custom aluminum panels, engraved nameplates, and various steel products. It caters to industries like medical, military, and offshore oil, providing solutions for signage, labeling, and rack panel modifications. The website showcases a range of products and services, emphasizing quality and customization.

Financially, 2g Products Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 6.2%, and cash bank on hand decreased by a significant 57%, dropping to £62,000. Current assets also saw a sharp decline of 44%, falling to £120,000. However, retained earnings accumulated losses decreased by 10%, and trade creditors trade payables decreased by 4.4%. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 10 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The decrease in cash and current assets, along with the increase in depreciation, suggests the company is investing in its equipment but potentially facing some liquidity pressures. It's clear that the business is holding steady, but the financial numbers do raise some questions.

Registered in Scotland under the registration number SC301965, with a registered address at AB21 9NY, Aberdeen, Aberdeenshire, Unit 9, Spires Business Units, Mugiemoss Road.

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