Amcanu Ltd

Amcanu Ltd, based in Burry Port, UK, is a small, active holding company established 23 years ago. Employing 32 people and holding assets of £909,022, the company operates from a real address and is overseen by three directors and one owner. It’s been a while since the ownership list was changed, three years ago. The business specializes in the manufacture of other special-purpose machinery, and irregular import and export activities. They import machinery, boilers, and mechanical appliances, parts, for a single month, and export electrical machinery and equipment, also for a single month.

The company’s website reveals a focus on custom enclosure design and manufacturing. They cater to industries like industrial pump and generator technology, battery energy storage, and metal additive 3D printing. Their services include sound attenuation, advanced technology cabinets, and contract manufacturing, with case studies highlighting partnerships with companies like Renishaw and Hydrainer Pumps. It seems they’ve invested in a robotic welding system to enhance production capabilities.

Financially, Amcanu Ltd’s numbers show some interesting trends. Property plant equipment has increased by 16%, likely reflecting investment in machinery, but cash reserves have fallen by nearly 50% to £58,000. Bank borrowings have remained steady, while creditors have decreased, suggesting improved debt management. Net assets have increased slightly, to £910,000, and the company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The increase in trade debtors, by 13%, could indicate a shift in payment terms or a larger volume of sales. The lack of an auditor mentioned is typical for a small company, and the financial statements are unaudited.

It appears Amcanu Ltd is navigating a period of investment and growth, but the decline in cash reserves warrants attention. The company’s focus on specialized manufacturing and strong customer relationships, as evidenced by the case studies, should provide a solid foundation for future success.

Registered in England/Wales under the registration number 04421189, with a registered address at SA16 0LS, Burry Port, Carmarthenshire, Sd House, Glanmor Terrace.

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