Allpex Ltd

Allpex Ltd, based in Wembley, UK, is a small, active company founded 34 years ago in 1990. Employing twelve people and holding assets of £3,976,658, it's a well-established business with a real address and three directors overseeing operations. The company is owned by Gokhale Prashant, the solo founder. Allpex Ltd is a regular importer and exporter of copper and copper products, with 164 months of import activity and 63 months of export activity recorded, the latest in February 1990.

The company specializes in supplying pipe fittings for plumbing and heating applications, catering to trade and retail customers across the UK, mainland Europe, and the MENA region. It also produces bespoke componentry for original equipment manufacturers within the HVAC industry. Their website currently advertises a new website is being constructed, so check back soon for updates!

Financially, Allpex Ltd demonstrates a mixed picture. Current assets decreased by 4.4% to £4,000,000, while net assets remained steady at £2,000,000. Bank borrowings decreased by 17% to £1,000,000, and cash reserves saw a significant jump of 3400% to £110,000. Creditors decreased by 8%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Despite the decrease in current assets, the substantial increase in cash reserves is a positive sign. The company’s long history and established position in the copper products market suggest resilience, though the lack of an auditor mentioned (likely exempt as a small company) means the financial data relies on unaudited director reports.

Registered in England/Wales under the registration number 02559736, with a registered address at HA0 1HX, Wembley, Middlesex, 261 Water Road, Abbeydale Industrial Estate.

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