Alford Technologies Limited

Alford Technologies Ltd from Trowbridge UK: a small company, holding company, with an active status, was founded 40 years ago. It employs 18 people and holds £1,726,821 in assets. The company has a real address, two directors, and one owner, and boasts a Google rating of 5.0 based on two reviews. Alford Technologies regularly imports plastics and plastic products (4 months) and exports treated or layered fabrics for industrial use (7 months).

The company operates in the other professional, scientific and technical activities n.e.c. industries, offering a range of services including research and development, explosive demolition, consultancy, and project support. Its website showcases a focus on innovative explosive solutions for the military, government, and commercial sectors worldwide, with a particular emphasis on breaching, unexploded ordnance disposal, and improvised explosive device disposal. The company even has its own wet and dry live ranges for training and product testing.

Financially, Alford Technologies shows some interesting trends. Current assets have decreased by 36% to £1,200,000, while net assets have fallen 28% to £1,300,000. Bank borrowings have increased by 7.8% to £120,000, and cash reserves have more than doubled to £330,000. Creditors decreased by 33% to £89,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. A significant increase in trade debtors, ballooning by 890%, suggests a possible reliance on customer payments. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Despite the decline in assets, the increase in cash reserves and decrease in creditors suggest the company is managing its finances effectively. The company’s focus on specialized explosive solutions and its strong reputation in the industry could help it weather any economic challenges.

Registered in England/Wales under the registration number 01914544, with a registered address at BA14 0XG, England, Trowbridge, Wiltshire, Alford House Epsom Square, White Horse Business Park.

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