Abbey Masterbatch Limited

Abbey Masterbatch Ltd, based in Ashton Under Lyne, UK, is a large, family-owned company with an active status. Incorporated 41 years ago in 1984, it employs 39 people and boasts assets of £9,654,522, with a yearly revenue of £9,144,519. The company has seven directors and one owner, and enjoys a stellar 5.0 Google rating based on three reviews. It’s a regular importer and exporter of tanning and dyeing products, with 172 months of import activity and 22 months of export activity.

The company’s website reveals it’s a major supplier and manufacturer of masterbatch – thermoplastic products including white additive, colour, and black masterbatch, as well as speciality polymer-based grades and pigment dispersions. They cater to the thermoplastic sector and associated industries, with export accounting for 70% of sales. They even supply liquid masterbatch for colouring thermoplastics.

Financially, Abbey Masterbatch Ltd presents a mixed picture. While cash bank on hand increased by 16% to £6.3 million, turnover revenue decreased by 18% to £9.1 million. Administrative expenses increased by 23%, and net assets remained relatively stable at £9.5 million. Creditors increased by 63%, and bank borrowings surged, suggesting a need for additional funding. The company’s director remuneration increased by 49%, reflecting a growing business, but the decrease in net profit to £250,000 from £740,000 is something to keep an eye on. The company is audited by Livesey Spottiswood Ltd.

Despite the challenges, Abbey Masterbatch Ltd seems to be holding its own, leveraging its long history and expertise in masterbatch production. The growth in administrative expenses and the decrease in profits could be related to increased competition or rising raw material costs, but the company's strong Google rating and export focus suggest a resilient business model.

Registered in England/Wales under the registration number 01793834, with a registered address at OL6 6UG, Ashton Under Lyne, Greater Manchester, Whitelands Mill, Whitelands Road.

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