Abtus Limited

Abtus Ltd from Suffolk UK: a small, active company founded 24 years ago, employs 35 people, and holds £1,091,196 in assets. With a real address and six directors, it’s a well-established operation owned by Welsh Chris and Owen Russell Andrew. Regular importer and exporter of optical and medical tools and devices, with 26 months of import activity and 88 months of export activity.

The company operates in the manufacture of other general-purpose machinery, a niche area requiring specialized expertise. While a website isn’t available to analyse, the business likely caters to industrial clients seeking bespoke solutions. It's unclear if they have an online presence, but the manufacturing focus suggests a B2B model rather than direct-to-consumer sales.

Financially, Abtus Ltd presents a mixed picture. Current assets have increased by a substantial 23%, reaching £1,100,000, indicating improved liquidity. However, bank borrowings have decreased by 13%, falling to £370,000, and net losses deepened to -£23,000. Creditors have increased by 24%, reaching £470,000, suggesting a reliance on trade credit. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The increase in assets is encouraging, but the deepening losses and rising creditors warrant attention. It’s possible the company is investing in new equipment or expanding its operations, but careful management of cash flow will be crucial. The company’s long history and established position in its industry are strengths, but the financial data suggests it’s navigating a period of transition.

Registered in England/Wales under the registration number 04204030, with a registered address at CB9 7XU, Suffolk, Falconer Road, Haverhill.

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