Altair Systems Limited

Altair Systems Ltd from Stockport UK: a small, active company founded 22 years ago, employs just two people, and holds £174,376 in assets. With three directors and two owners, the company operates from a real address and has been importing machinery, boilers, and mechanical appliances parts for 20 months, with the last import occurring in February 2025. It also exports similar items, having done so for 8 months, with the last export in September 2023.

The company specializes in bespoke and off-the-shelf process control equipment, particularly for handling chemicals. Its website highlights expertise in safe transfer and application of fluids like adhesives and paints, catering to industries seeking efficient and ergonomic solutions. They even offer dilution systems to save on transportation and handling costs. Much of their current work involves water-based materials, reflecting a shift towards environmental considerations. The company's website also mentions tailoring equipment to specific needs, aiming to reduce chemical usage and minimize environmental penalties.

Financially, Altair Systems Ltd presents a mixed picture. Cash bank on hand has decreased by 34% to £53,000, while bank borrowings have also fallen by 29% to £24,000. Trade creditors have increased significantly by 75% to £34,000, and debtors have risen by 80% to £110,000. Although net assets have increased by 21% to £88,000, the company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, with the figures being unaudited. The decrease in other inventories by 42% could indicate a focus on leaner stock management, or potentially, a slowdown in sales. It's worth noting that the company's net losses deepened, but the increase in debtors suggests a possible delay in customer payments.

Registered in England/Wales under the registration number 04596144, with a registered address at SK7 3DY, England, Stockport, Cheshire, 21 Midland Road, Bramhall.

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