A M S Composite Cylinders Limited

Ams Composite Cylinders Ltd, based in York, UK, is a small, active company founded eight years ago in 2016. With three employees and £1,797,406 in assets, it’s a modest operation led by six directors and four owners. The company has a real address, and the director list was changed recently, which is a good sign. It’s a regular importer of machinery, boilers, and mechanical appliances—parts, with 11 months of import activity recorded—but an irregular exporter of optical and medical tools and devices, with just one month of export activity.

The company's website highlights its specialization in state-of-the-art, lightweight gas cylinders, particularly its AMS Type 3 carbon composite cylinders. These cylinders offer high pressure, ultralow weight, and optional NLL NonLimited Life performance, meeting recognized global standards and finding use in healthcare, emergency services, aviation, and hydrogen fuel cell applications. The website also mentions a collaboration with Pragma Industries to boost the range of hydrogen fuel cell bikes.

Financially, Ams Composite Cylinders Ltd presents a mixed picture. Cash bank on hand increased by a significant 34% to £440,000, a positive sign. However, trade debtors decreased by 44% to £730,000, which could indicate difficulties collecting payments. Creditors increased by 13% to £1,400,000, and bank borrowings decreased by 17% to £27,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile. The company’s net assets increased by 3.2% to £330,000. No auditor is mentioned, which is common for small companies.

Overall, Ams Composite Cylinders Ltd seems to be navigating a complex market. The company’s focus on specialized gas cylinders and its commitment to quality are strengths, but managing cash flow and maintaining a healthy balance sheet will be crucial for its continued success.

Registered in England/Wales under the registration number 10494909, with a registered address at YO43 4AA, England, York, North Yorkshire, 1 Village Courtyard High Street,, Holme On Spalding Moor.

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