Allied Machinery Limited

Allied Machinery Limited, based in Leeds, UK, is a small, active company founded 33 years ago in 1992. It’s a solo-founded operation with three directors and one owner, Strother Michael Jeffrey, holding £179,360 in assets. The company operates from a real address and has a Google rating of 1.0 based on one review. It's a regular importer of machinery, boilers, and mechanical appliances, with its last import activity recorded three months ago in August 2021.

The company’s website, alliedmachinery.co.uk, describes it as an industrial equipment supplier. It’s a private limited company registered in England/Wales, and its activities are focused on the installation of industrial machinery and equipment. The company’s LinkedIn page indicates a focus on used machinery sales and service, particularly for the plastics industry. It appears to be a niche business, catering to specific industrial needs.

Financially, Allied Machinery Limited is showing some concerning trends. Cash bank on hand has plummeted by 87%, falling to £35,000. Creditors have also decreased significantly, dropping by 97% to just £1,900, which could indicate difficulty paying suppliers. Trade debtors, however, have surged by 220%, suggesting delayed customer payments or perhaps an aggressive sales strategy. Equity has also taken a hit, decreasing by 91% to just £3,300. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the significant drop in equity and cash reserves is a cause for concern. While the company is exempt from an audit, the unaudited figures paint a picture of a business struggling to maintain financial stability. The company's net current assets liabilities have also turned negative, indicating a potential cash flow problem.

Registered in England/Wales under the registration number 02687049, with a registered address at LS16 7LP, Leeds, 4 Green Lane, Cookridge.

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