Advanced Adhesives Ltd.

Advanced Adhesives Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded 28 years ago. Employing nine people, the firm holds £1,416,786 in assets and operates from a real address. With three directors and a single owner, Crozier Jo, the company has established itself as a regular importer and exporter of natural and modified starches, glues, and enzymes, importing for 18 months and exporting for a more substantial 44 months.

The company’s website highlights its position as an “industry-leading adhesive manufacturer,” offering a wide range of adhesives, including threadsealing, anaerobic, and epoxy varieties, alongside dispensing equipment and surface conditioners. It caters to a diverse range of industries, from automotive and marine to aerospace and construction, emphasizing bespoke solutions and technical expertise. The site also features a mission statement underscoring its commitment to cost-effective solutions and continuous innovation.

Financially, Advanced Adhesives Ltd shows a mixed picture. While current assets have increased by 30% to £1.4 million, net assets have also risen by 33% to £1.4 million. However, bank borrowings have increased significantly by 2,400%, reaching £29,000, and cash reserves have decreased by 30% to £630,000. Creditors have also increased by 41% to £270,000. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the increase in borrowings and decrease in cash warrants attention. The company’s average number of employees has also increased by 56% to fourteen, which is a significant jump. No auditor is mentioned, likely due to the company’s exemption as a small business.

Overall, Advanced Adhesives Ltd appears to be growing, but needs to manage its finances carefully to ensure long-term sustainability. The increased employee count suggests expanding operations, but the rise in debt could present challenges.

Registered in England/Wales under the registration number 03245360, with a registered address at NE4 7AB, Newcastle Upon Tyne, Architectural House, Plummer Street.

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