Altec Extrusions Limited

Altec Extrusions Ltd, based in St Austell, UK, is a small, holding company with an active status, having been founded 26 years ago in 1998. The company employs 15 people and operates from a real address, managed by three directors and one owner. It’s an irregular importer of optical and medical tools and devices, with just one month of import activity recorded, and a regular exporter of rubber and rubber products, boasting 44 months of export activity.

The company’s website reveals a focus on aluminum extrusions, offering custom channel, bar, rod, and other extrusions. It provides a range of services including fabrication, anodizing, wet paint, powder coating, packaging, shipping, and warehousing. Altec Aluminum Extrusions emphasizes quality engineering, precision performance, and nationwide reach, catering to architectural, energy, industrial, recreational, transportation, and window/door industries. The site also highlights its ISO 9001 certification and commitment to customer service, even offering roll forming and disaster recovery services.

Financially, Altec Extrusions Ltd presents a mixed picture. Accumulated amortisation impairment for intangible assets increased by 20%, while accumulated depreciation impairment for property, plant, and equipment saw a 5.9% rise. Cash bank on hand impressively doubled to £400,000, and debtors increased significantly by 25% to £1.2 million. Equity also grew by 12% to £2 million. However, the number of average employees during the period decreased by 6.7% to 14. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the slight decrease in employees could indicate restructuring or operational adjustments. With no auditor mentioned, the financial statements rely on unaudited data. Overall, Altec Extrusions Ltd seems to be in a reasonably healthy position, benefiting from strong cash reserves and growing debtors, although the decrease in employees warrants further observation.

Registered in England/Wales under the registration number 03609913, with a registered address at PL26 8LG, United Kingdom, St Austell, Victoria Commercial Centre Station Approach, Victoria.

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