Addmore Engineering Limited

Addmore Engineering Ltd, based in Northampton, UK, is a small, family-run business with an active status, celebrating 25 years since its founding. The company employs 41 people and holds £2,261,248 in assets, operating from a virtual address—a bit unusual as nineteen other companies share the same location. With four directors and two owners, the business regularly imports machinery, boilers, and mechanical appliances, parts, with 18 months of import activity, and exports the same, with 68 months of export activity, both ending in February 2025.

The company’s website highlights its role as a specialist in precision CNC turned and milled components, serving a diverse range of sectors including aerospace, defence, automotive, and medical. It operates as an ISO9001:2015 approved company, boasting over 35 years of experience and offering services from milling and turning to plant recruitment. A key element is its business park location in Stewartby, Bedfordshire, and the site also includes a contact form and a sitemap.

Financially, Addmore Engineering Ltd presents a mixed picture. While cash reserves increased by 23% to £1.3 million, current assets only grew slightly, by 0.74% to £2.3 million. Trade debtors decreased significantly, by 21%, to £760,000, which could indicate improved collection practices. However, creditors increased by 6.4%, reaching £720,000, and net losses deepened. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors and net losses warrants closer monitoring. No auditor is mentioned, consistent with its status as a small company exempt from an audit. It's a bit strange that the depreciation for plant machinery has increased, but the company seems to be doing alright.

Registered in England/Wales under the registration number 03877674, with a registered address at NN4 9XE, England, Northampton, 32 Lister Drive.

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