Alloygator Limited

Alloygator Ltd from Redditch, UK, is a small, holding company with an active status, having been founded eighteen years ago in 2007. Employing ten people and holding £641,101 in assets, the company operates from a real address and is overseen by four directors and one owner. While it’s an irregular importer of electrical machinery and equipment (last import in 2018), Alloygator is primarily a regular exporter of vehicles, parts, and accessories (not for trains or trams), with forty months of export activity recorded as of October 2024.

The company’s website, AlloyGator, focuses on wheel protection, positioning itself as the “world’s leading” provider. It operates a distributor network spanning the globe, with a significant presence in the high-end market, even showcasing products in Harrods. The site highlights a range of services, from injection-moulded wheel protection to patent information and even corporate social responsibility initiatives. It's clear they're aiming for a premium brand image, with a strong emphasis on innovation and global reach.

Financially, Alloygator Ltd presents a mixed picture. Current assets have declined by 21% to £640,000, while net assets dropped 14% to £480,000. Bank borrowings have increased by 16% to £240,000, and cash reserves have seen a remarkable surge, increasing by 2700% to £51,000. Creditors have also decreased by 18%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity drop warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Alloygator Ltd appears to be navigating a period of change. The significant increase in cash reserves is a positive sign, but the decline in assets and the rising bank borrowings suggest a need for careful financial management. The company’s focus on a premium product and global distribution, however, provides a solid foundation for future growth.

Registered in England/Wales under the registration number 06226009, with a registered address at B98 0EA, England, Redditch, 61 The Washford Industrial Estate, Heming Road.

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