Altripan Uk Limited

Altripan UK Ltd, based in Abergavenny, UK, is a medium-sized, active family business established 17 years ago. With nine employees and £11,935,372 in assets, the company generated £21,863,913 in revenue last year. It operates from a real address and is managed by six directors and two owners. Altripan UK Ltd is a regular importer of wood and wood products, with 441 months of import activity recorded.

The company's website paints a picture of a specialist importer and supplier of quality plywood and panel products. Altripan UK Ltd positions itself as Europes leading and independent importer, offering reliable products at competitive prices. It operates alongside Altripan NV, a European plywood platform, and even supplies products to Harrods. The website highlights a focus on quality, knowledge, and experience built up over more than 40 years.

Financially, Altripan UK Ltd shows some concerning trends. While turnover increased slightly, net assets decreased by 13%, and bank borrowings surged by 80% to £1,400,000. Cash reserves also took a hit, decreasing by 100% to zero. Creditors increased by 54%, suggesting a reliance on short-term financing. Despite these pressures, the company’s medium size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for flexibility. The lack of an auditor mentioned suggests the company is exempt from an external audit.

Overall, Altripan UK Ltd appears to be navigating a period of financial strain, despite its established market position and focus on quality. The increased borrowing and depleted cash reserves are points to watch, but the company’s agility as a medium-sized business may help it weather the storm.

Registered in England/Wales under the registration number 06245964, with a registered address at NP7 5NW, Wales, Abergavenny, Monmouthshire, 32 Monk Street.

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