Advanced Furnace Technology Ltd.

Advanced Furnace Technology Ltd, based in Cambridge, UK, is a small, family-run business with an active status. Founded 42 years ago in 1983, the company employs 17 people and holds £2,133,311 in assets. It’s a real address, managed by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 53 months of import activity recorded—and exports electrical machinery and equipment, with 41 months of export activity.

The company specializes in providing services to the MOCVD industry, particularly within the IIIVs sector. It's an expert at cleaning, purifying, and coating graphite products used in semiconductor device manufacturing. Advanced Furnace Technology has over 40 years of experience manufacturing bespoke high-temperature process furnaces and even helped design some of the first MOCVD machines. The website highlights a focus on quality, reliability, and confidentiality, aiming to provide clients with industry insight and consistently high-performing furnace parts.

Financially, Advanced Furnace Technology Ltd presents a mixed picture. Current assets increased by 22%, reaching £2,100,000, while net assets grew 7.6% to £3,900,000. Cash reserves saw a significant boost, increasing 47% to £1,700,000. However, bank borrowings increased by 39% to £3,500. Trade debtors decreased by 9.4% to £250,000, and creditors dropped 37% to £34,000. 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 agility, but the increase in borrowings suggests it’s leveraging its resources. No auditor is mentioned, likely due to its small company status. The company’s focus on specialized services and a strong reputation within the MOCVD industry could help it weather any financial headwinds, but the trend of increased borrowing should be monitored.

Registered in England/Wales under the registration number 01717025, with a registered address at CB1 3LF, England, Cambridge, Cambridgeshire, 65 Church End Cherry Hinton.

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