Alderclad Ltd

Alderclad Ltd, based in Co Durham, UK, is a small holding company with an active status, having been founded 19 years ago. The company employs 10 people and holds assets valued at £3,321,053. It has a real address, is managed by two directors, and has one owner, with a respectable Google rating of 4.0 based on three reviews. Alderclad is an irregular importer of plastics and plastic products, with just one month of imports recorded in the past two years.

The company’s website, Alderclad Industrial Cladding Roofing, highlights its focus on industrial cladding and roofing services. It offers estimating, design, and installation, catering to commercial clients. The site emphasizes a "first class service from start to finish" and boasts years of experience. It’s clear that Alderclad is positioning itself as a reliable provider of roofing solutions, with a focus on quality and customer satisfaction. The site also includes contact information and links to privacy and terms pages.

Financially, Alderclad Ltd presents a mixed picture. While cash bank on hand increased significantly by 88% to £1.5 million, current assets decreased by 5.5% to £3.3 million. Trade debtors have fallen by 37%, which is a good sign, but creditors have also dropped by 39%, suggesting the company may be relying on credit more. Property, plant, and equipment increased by 36%, which could be due to investment in new equipment. 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, but the decrease in net assets, despite the increase in cash, is something to keep an eye on. No auditor is mentioned, which is typical for a small company exempt from an audit.

Overall, Alderclad Ltd appears to be a stable, albeit small, business. It’s unclear if the company is burning through money, but the changes in assets and liabilities suggest a period of adjustment. The company’s focus on industrial cladding and roofing, combined with its commitment to customer service, could position it for continued success.

Registered in England/Wales under the registration number 05637732, with a registered address at SR7 0AQ, Co Durham, 69-71 Station Road, Seaham.

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