Alten Ltd

Alten Ltd from London UK: a large company, holding company, active status, founded 12 years ago, employing 839 people, holding assets of £53,156,174, and generating a yearly revenue of £86,355,839. It operates from a virtual address, overseen by three directors and a single owner. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of November 2022.

It’s a sizable operation, meeting two of the three criteria for a large company: turnover exceeding £36 million and a balance sheet total over £18 million, alongside having more than 250 employees. Alten Ltd functions as a holding company, and its active status indicates ongoing operations. The company operates in the other professional, scientific and technical activities n.e.c. industries.

While the company’s website isn’t readily available, its financial data paints a complex picture. Over the past year, Alten Ltd has seen a significant increase in bank borrowings, surging by 2,400% to reach £29,000. Cash reserves have fallen by 30% to £28,000, and net losses deepened. However, creditors have decreased by 18%, suggesting improved debt management. The company’s trade debtors have ballooned by 890%, which could be a sign of delayed customer payments.

Despite these challenges, Alten Ltd’s assets remain substantial at £53,156,174, and its revenue remains strong at £86,355,839. The company’s large number of employees suggests a robust workforce, and the presence of three directors indicates a structured management team. The fact that the address is a virtual address, with eleven companies registered at the same address, is a little concerning.

The company’s auditor isn’t mentioned, which is likely due to its size and exemption from mandatory audits. The financial data, while unaudited, provides a glimpse into Alten Ltd’s performance—a mix of challenges and strengths within a large, established holding company.

Registered in England/Wales under the registration number 08452862, with a registered address at EC1N 8TS, England, London, Saffron House, 6-10 Kirby Street.

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