Adhesive Technical Services Limited

Adhesive Technical Services Ltd from Essex UK: a small, active company founded 18 years ago, employs four people, and holds £379,340 in assets. It's a real address, managed by two directors and one owner, and enjoys a stellar 5.0 Google rating based on two reviews. The company regularly imports, with no specific category listed, having imported for 14 months, the most recent activity in November 2024.

The company operates within the "other business support service activities n.e.c." industry, providing a range of services. While a website isn’s available, it’s likely the company provides technical support and adhesive-related services to businesses.

Financially, Adhesive Technical Services Ltd presents a mixed picture. While cash reserves increased by 9.3% to £180,000, net assets declined by 4.8% to £130,000. Trade debtors saw a significant drop of 55%, suggesting improved collections or reduced credit sales. However, other creditors increased by a substantial 190%, potentially reflecting increased supplier costs. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity warrants closer attention. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited financial statements. The company’s bank borrowings decreased by 32%, which is a positive sign.

Registered in England/Wales under the registration number 06008663, with a registered address at RM19 1SY, Essex, Botany Way, Beacon Hill Ind, Estate, Purfleet.

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