Allied Precision Tooling Limited

Allied Precision Tooling Ltd from Tavistock UK: a small company with an active status, founded 11 years ago, employs seven people, and holds £411,959 in assets. It's a real address, managed by two directors and two owners, and operates as a family business. The company irregularly imports and exports electrical machinery and equipment, with recent activity recorded two months ago for imports and one month ago for exports.

The company's website details its services as a precision engineering company based in Tavistock, Devon. It undertakes CNC turning, milling, and surface grinding, and also offers heat treatment and bead blasting. They service a wide range of industrial sectors, from small contractors to high-volume manufacturers, offering everything from one-off jobs to specialist machines and refurbishment. Contact details are readily available, and the company is open Monday to Friday, 7:30 to 17:00.

Financially, Allied Precision Tooling Ltd presents a mixed picture. Current assets have decreased by 21%, dropping to £410,000, while net assets have remained steady at £450,000. Bank borrowings have decreased significantly, falling by 39%, and cash reserves have increased by 38%, reaching £190,000. Creditors have also decreased by 39%, suggesting improved debt management. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in average employees from seven to nine could indicate expanding operations, though it’s worth noting that the company is exempt from an audit as a small entity, and the figures are unaudited.

Registered in England/Wales under the registration number 08642648, with a registered address at PL19 9AZ, England, Tavistock, Devon, Unit 20 Crelake Industrial Estate, Pixon Lane.

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