Adan Limited

Adan Ltd from Spalding UK is a small, holding company with an active status, established 56 years ago in 1968. The company employs 16 people and holds assets totaling £971,756. Based at a real address with one director and one owner, Adan Ltd operates as both a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts. Imports have been ongoing for six months, while exports have continued for seven months.

The company's website highlights its expertise in the supply and manufacture of hydraulic motors, positioning itself as the only British manufacturer of Geroter/Geroller type motors. It also offers ancillary products like gear boxes, brakes, and valves, providing design services and repair facilities. The business, operating from a modern, ISO 9001:2015 accredited facility, serves a diverse range of industries including agricultural, marine, and petrochemical. The company’s history reveals a management buyout in 2003, and its products have even been used in the Gulf of Mexico oil spill cleanup.

Financially, Adan Ltd presents a mixed picture. While current assets increased by 12% to £970,000, net assets grew by a more substantial 10% to £1.4 million. However, cash reserves declined by 15% to £210,000, and bank borrowings have increased. Creditors decreased by 33%, suggesting improved debt management, but trade debtors remained relatively stable. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the fluctuations in cash and debt warrant attention. The company is exempt from an audit, so the figures are unaudited. The company’s financial statements were prepared by Cannon Williamson.

Registered in England/Wales under the registration number 00942611, with a registered address at PE11 1QD, Spalding, Lincs, Albion House, 32 Pinchbeck Road.

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