Alcar International Limited

Alcar International Ltd from Scunthorpe, UK, is a small holding company with an active status, established 39 years ago in 1986. Employing 25 people and holding assets of £988,425, the company operates from a real address and is overseen by three directors and two owners. It’s a regular importer of miscellaneous chemical products, having imported for 18 months, with the latest import occurring in September 2024. The company also exports ceramic products, though irregularly, with just one month of export activity recorded as of March 2021.

The company’s website highlights its specialization in the design and manufacture of specialist products and engineering systems, particularly focusing on tube changers used in the continuous casting of steel. It seems they market the first inline Tube Changer in the UK and Scandinavia. They also have a division that restores pianos, even having a showroom in Harrods.

Financially, Alcar International Ltd shows a mixed picture. Current assets decreased by 9.1% to £990,000, while net assets dropped 8.1% to £1.1 million. Cash reserves, however, increased by a substantial 31% to £220,000. Trade debtors decreased by 15%, suggesting better collection practices. Bank borrowings remained stable. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, being exempt from an audit, rely on director-reported data.

Overall, Alcar International Ltd appears to be navigating a period of change. While asset values have decreased, the increase in cash reserves suggests improved liquidity. The dual focus on engineering systems and piano restoration—a somewhat unusual combination—could present both opportunities and challenges for the company's future.

Registered in England/Wales under the registration number 01993967, with a registered address at DN16 1HX, England, Scunthorpe, Alcar International Ltd, Rutland Road.

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