Amtech Rapid Prototyping Ltd

Amtech Rapid Prototyping Ltd, based in South Shields, UK, is a small, active company established nineteen years ago. With twenty-five employees and £557,282 in assets, it’s a well-established player in its field. The company boasts a stellar 5.0 Google rating from six reviews, indicating high customer satisfaction. It’s run by two directors and one owner, Judd Ian Geoffrey, and operates from a real address. While it’s an irregular importer, primarily dealing in toys, games, and sports equipment (with just one month of imports recorded in 2021), its core business revolves around rapid prototyping services.

The company’s website highlights its diverse range of services, including 3D printing, part finishing, vacuum casting, vacuum forming, model making, and CNC machining. It caters to businesses needing prototypes, low-volume production runs, or bespoke manufacturing solutions. The site emphasizes its experienced team, investment in new technology, and commitment to providing rapid quotes and on-time delivery. It seems they are focused on providing a range of services for businesses needing prototypes or small production runs.

Financially, Amtech Rapid Prototyping Ltd shows a mixed picture. Current assets decreased by 13% to £560,000, while net assets also fell by 8% to £570,000. Bank borrowings were reduced by 21%, which is a positive sign, and cash reserves dropped by 33% to £120,000. Trade debtors remained relatively stable, but creditors decreased by 27%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises some questions. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Amtech Rapid Prototyping Ltd appears to be a solid, well-regarded business, but the recent financial trends suggest it may be facing some pressures. The company’s ability to adapt to changing market conditions and maintain its reputation for quality will be key to its future success.

Registered in England/Wales under the registration number 05526646, with a registered address at NE34 9QA, South Shields, Tyne And Wear, Unit 2 Finlay Court.

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