Alentec Orion Limited

Alentec Orion Ltd, based in Bolton, UK, is a small holding company with a remarkable 96-year history, founded way back in 1928. Despite its age, it’s a lean operation, employing just four people and holding assets of £671,669. The company’s yearly revenue sits at £1,470,683, and it operates from a real address, with three directors overseeing its activities and one owner.

Alentec Orion specializes in importing machinery, boilers, and mechanical appliances – parts, with a consistent record of 119 months of import activity. It also engages in irregular exporting of optical and medical tools and devices, with just two months of export activity recorded.

Financially, the company’s net assets have increased by 35%, reaching £400,000, a positive sign. However, bank borrowings have risen significantly, by 36%, to £220,000. Creditors have also increased, by 24%, to £270,000. The company’s small size – meeting two of three criteria for a small company – helps it remain agile. Cash reserves have fallen by 14%, to £160,000. The company’s turnover has increased by 32%, reaching £1.5 million, a strong indicator of growth.

The company operates in the manufacture of pumps industries. While no auditor is mentioned, the financial statements are unaudited. The rise in bank borrowings and creditors, alongside the decrease in cash reserves, suggests the company may be reinvesting heavily to fuel its growth, or possibly facing some cash flow challenges.

Registered in England/Wales under the registration number 00231713, with a registered address at BL5 3XP, England, Bolton, Barrs Fold Road Wingates Industrial Park, Westhoughton.

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