Aburnet Limited

Aburnet Limited, based in Ilkeston, UK, is a 100-year-old holding company with an active status. Founded in 1924, the company boasts £1,955,704 in assets and operates from a real address, with three directors and one owner overseeing its operations. A Google rating of 3.0 based on just two reviews suggests room for improvement. The company is a regular importer and exporter of headgear and accessories, with 64 months of import activity and 47 months of export activity recorded.

Aburnet's primary business revolves around hair containment solutions, particularly for the food processing, food service, beauty, and equestrian industries. Its website, aburnet.co.uk, doesn't offer direct sales but functions as a portal for businesses seeking guidance and tools to improve hair hygiene. The site provides access to free auditing tools, training videos, and downloadable resources—a unique offering in its sector. It also promotes its patented hair barrier fabrics and hair containment tools, emphasizing their effectiveness and contribution to zero hair contamination. Richard Burnet, the Managing Director, highlights the company’s commitment to supporting hygiene with practical tools and advice.

Financially, Aburnet Limited shows a mixed picture. Current assets decreased by 9.5% to £2,000,000, while net assets also fell by 4.3% to £3,600,000. Bank overdrafts increased significantly, reaching £5,100, and cash reserves dropped by nearly 50%, falling to £220,000. Creditors also increased by 25%, reaching £170,000. The company’s relatively small size (no employee numbers reported) means it likely benefits from certain exemptions, and the financial statements are unaudited. The increase in bank borrowings and decrease in cash reserves could be a result of investments in new products or marketing efforts, but it warrants further scrutiny. The lack of auditor details suggests a small company, but the significant asset base indicates a more established business.

Registered in England/Wales under the registration number 00202702, with a registered address at DE7 8EF, England, Ilkeston, Derbyshire, Manners Avenue Manners Avenue, Manners Industrial Estate.

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