Ancorite Surface Protection Limited

Ancorite Surface Protection Ltd from Sandbach UK: a large company, holding company, active status, founded 35 years ago, 71 employees, £5,085,881 assets, real address, 5 directors, 1 owner, google rating 5.0 based on 6 reviews. Regular importer of plastics and plastic products (32 months imported). Regular exporter of basic metal tools and utensils (8 months exported). Ancorite Surface Protection Ltd is a specialist in flooring, vessel lining, and refractory materials, serving industries from food and beverage to petrochemicals. The company operates from Sandbach, Cheshire, with regional offices in Teesside and Cork, and provides services throughout the UK and Ireland, even extending to overseas projects.

The company’s website highlights its expertise in providing project management and construction services, advising on product specification, and delivering high-quality application and project management. Their services range from resin flooring and vibration tiling to corrosion-resistant coatings and refractory linings. The site also lists a range of ancillary items, including brick lining, rubber lining, and GRP pipework, demonstrating a comprehensive offering. The company’s presence on Google is strong, with a perfect 5.0 rating based on six reviews, suggesting high customer satisfaction.

Financially, Ancorite Surface Protection Ltd presents a mixed picture. While current assets increased by 6.1% to £5.1 million, administrative expenses saw a significant jump of 59% to £2.9 million. Cash reserves, however, rose by 7.5% to £980,000. A notable trend is the surge in trade debtors, ballooning by 25% to £3.7 million, which could indicate a shift in payment terms or increased sales on credit. Bank borrowings, however, decreased by 69%, a positive sign. Staff costs increased by 41% to £4.5 million, reflecting the company’s investment in its workforce. The company’s size (meeting two of three criteria for a large company) suggests it’s a well-established player in its sector. No auditor is mentioned, which is common for companies of this size.

Overall, Ancorite Surface Protection Ltd appears to be a stable, well-regarded company, though the increase in administrative expenses warrants further investigation. The company’s broad range of services and strong online presence position it well for continued success, but it’s important to monitor the trends in its financial performance.

Registered in England/Wales under the registration number 02393313, with a registered address at CW11 3AB, Sandbach, Cheshire, Millbuck Way, Ettiley Heath.

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