A.f.t. (uk) Limited

A.f.t. (uk) Limited, based in Retford, UK, is a small, active company established 39 years ago in 1985. With eight employees and £436,784 in assets, it operates from a real address within the Hallcroft Industrial Estate. The company is run by three directors and two owners, although the list of owners changed two years ago. A.f.t. (uk) Limited is an irregular importer, primarily dealing in electrical machinery and equipment, with the last import operation occurring in March 2023. The company’s core business involves manufacturing and repair of furnaces for the glass industry.

Its website, salesaftglass.co.uk, details a comprehensive range of services, including bespoke design, furnace construction, and repair, catering to various glass production types. The site highlights expertise in furnace design, manufacturing, supply, and installation, serving clients both in the UK and worldwide. AFT Glass also provides components and services for glass production, including casting, refractory cutting, and water systems.

Financially, A.f.t. (uk) Limited presents a mixed picture. While current assets increased by 90% to £440,000, trade debtors have ballooned by 140%, reaching £370,000—potentially indicating difficulties in collecting payments. Cash reserves, however, have decreased significantly, falling 70% to just £3,900. Bank borrowings, meanwhile, have dropped 28%, and creditors have increased by 46%. The company’s equity has grown by 130%, reaching £110,000, a positive sign. The company is exempt from an audit, and the financial statements are unaudited.

The significant increase in trade debtors, coupled with the decrease in cash reserves, suggests that A.f.t. (uk) Limited might be facing cash flow challenges, despite the growth in assets. The company’s reliance on irregular imports and its niche focus on the glass industry could make it vulnerable to market fluctuations. However, the increase in equity indicates that the company has been able to retain earnings, which could provide a buffer against these challenges.

Registered in England/Wales under the registration number 01956602, with a registered address at DN22 7SS, Retford, Notts, Hallcroft Industrial Estate, Hallcroft Road.

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