Amnitec Limited

Amnitec Limited, based in Mid Glamorgan, UK, is a sizable holding company with an active status, having operated for 67 years. Employing 98 people, the company holds assets valued at £10.613 million and generates £11.586 million in yearly revenue. It’s managed by two directors and one owner, and boasts a 3.0 Google rating based on 10 reviews. Amnitec regularly imports miscellaneous metal items and exports rubber and rubber products.

The company’s website paints a picture of a leading manufacturer specializing in flexible metal hose and assemblies. It doesn’t appear to be an e-commerce site; instead, it serves as a detailed resource for industrial clients. The site showcases a wide range of products—from braided hoses to expansion joints—and caters to industries like marine, refrigeration, petrochemical, and defence. Beyond product listings, it offers valuable tools like a chemical calculator and a hose configurator, demonstrating a focus on technical support and bespoke solutions. The website also highlights the company’s commitment to quality, featuring certifications like ISO 9001 and DNVGL.

Financially, Amnitec Limited’s report reveals some interesting trends. While current assets increased by 11%, net assets remained relatively stable. Bank borrowings increased significantly, and cash reserves decreased, suggesting a need for careful cash flow management. Trade debtors increased by 39%, which could indicate a shift in payment terms or a larger volume of sales. However, creditors decreased by 18%, which is a positive sign of improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million, balance sheet total exceeding £18 million, and more than 250 employees. The report doesn’t mention an auditor, likely due to its status as a small company.

Overall, Amnitec Limited appears to be a well-established manufacturer navigating the challenges of a competitive market. Its focus on specialized products, technical expertise, and quality certifications positions it well for continued success, but the financial data suggests a need for close monitoring of cash flow and working capital.

Registered in England/Wales under the registration number 00587472, with a registered address at CF48 1UX, Mid Glamorgan, Abercanaid, Merthyr Tydfil.

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