Agn Composites Ltd

AGN Composites Ltd, based in Peterborough, UK, is a small, active company established seven years ago. With eleven employees and £927,121 in assets, it’s a modest operation run by three directors and owners. The company has a real address and regularly imports aluminum and aluminum products (four months of imports, last in December 2024) and exports vehicles, parts, and accessories (six months of exports, last in September 2024). It operates in the repair of other equipment industries.

The company’s website highlights its expertise in carbon fibre component manufacturing, offering services from concept to production, reverse engineering, pattern making, mould making, and carbon fibre repair. It emphasizes a “one-stop shop” for composite needs, showcasing testimonials from satisfied customers in the motorsport industry, including Scott Sport, Optimum Motorsport, and Nielsen Racing. The site’s professional design and clear service descriptions suggest a focus on quality and customer relationships.

Financially, AGN Composites Ltd presents a mixed picture. Current assets increased by a solid 46% to £930,000, but net assets grew only 19% to £650,000. Bank borrowings decreased by 40%, and cash reserves fell by 17% to £340,000. Creditors increased significantly by 130%, and trade debtors ballooned by 270%, which could indicate challenges in collecting payments. 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 flexibility, but the rise in creditors suggests a need for careful financial management. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, AGN Composites Ltd appears to be a growing business, but the increase in creditors and trade debtors warrants close attention. Its focus on specialized services and strong customer testimonials provide a foundation for continued success, but prudent financial planning will be key to navigating potential challenges.

Registered in England/Wales under the registration number 11105797, with a registered address at PE1 5TA, England, Peterborough, Unit B3 Roundhouse Close, Fengate.

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