Advanced Carbide Tooling Limited

Advanced Carbide Tooling Limited, based in Stoney Stanton, Leicestershire, is a small, active company with a solid 41-year history. Founded in 1984, it employs just three people and holds £279,298 in assets. The company, which has a real registered address and two directors, operates in the machining and other service activities industries, boasting a perfect 5.0 Google rating from two reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with 134 months of import activity recorded.

The company’s website is minimal, indicating a focus on business-to-business sales rather than direct consumer engagement. It appears Advanced Carbide Tooling Limited primarily serves industrial clients, providing tooling and related services. There's no e-commerce functionality visible, suggesting orders are likely placed directly with the company.

Financially, Advanced Carbide Tooling Limited shows some concerning trends. While cash reserves remain stable at £150,000, net assets have decreased by 9.5% to £550,000. Trade debtors have fallen by 20% to £60,000, which could be a positive sign of improved collections, but bank borrowings have increased by 3.1% to £10,000. Depreciation charges for property, plant, and equipment have remained consistent, and the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The company’s accounts are unaudited, which is common for small entities.

Overall, Advanced Carbide Tooling Limited appears to be a stable, long-standing business, but the decrease in net assets and increase in bank borrowings warrants attention. The company’s focus on specialized tooling and its established reputation suggest a resilient business model, but continued monitoring of its financial health is advisable.

Registered in England/Wales under the registration number 01788846, with a registered address at LE9 4TA, England, Leicestershire, 38 Underwood Drive, Stoney Stanton.

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