Alltech Roofing Limited

Alltech Roofing Limited, based in Chelmsford, UK, is a small, active company established fifteen years ago. With fourteen employees and £2,357,136 in assets, it operates from a virtual address shared by 359 other companies, a detail that warrants some scrutiny. The business is run by two directors and one owner, Robson Dean, and specializes in roofing activities, importing iron or steel products irregularly – just one month's worth in the last two years.

The company's website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear whether they operate an e-commerce site or rely solely on direct sales or partnerships.

Financially, Alltech Roofing Limited’s recent performance presents a mixed picture. Current assets have decreased by 23%, dropping to £2,400,000, while net assets have plummeted 300%, resulting in a negative balance of -£450,000. This significant equity decline is concerning. Cash reserves have vanished entirely, falling 100% to just £1. Bank borrowings have increased, and creditors have risen dramatically, suggesting a potential cash flow problem. On a brighter note, trade debtors have increased, which could indicate improved sales, but also potential difficulties in collecting payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity raises questions about its long-term sustainability. As a small company, it’s likely exempt from an external audit, so the figures are unaudited.

The company’s reliance on importing iron or steel products, albeit irregularly, could be a vulnerability. The sudden unavailability of these materials could disrupt operations. The virtual address, while common, also raises questions about the legitimacy of the business and its physical presence.

Registered in England/Wales under the registration number 07206047, with a registered address at CM3 5NG, England, Chelmsford, Essex, 46 Hullbridge Road, South Woodham Ferrers.

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