Anstee Coil Technology Limited

Anstee Coil Technology Ltd from Stonehouse UK: a small, active company founded 10 years ago, employs 26 people, and holds £2,234,076 in assets. It has a real address, three directors, and two owners, boasting a 4.0 Google rating from four reviews. The company regularly imports electrical machinery and equipment (38 months) and exports optical and medical tools and devices (18 months).

The company’s website showcases a diverse range of electromagnetic coil manufacturing services, catering to industries like wind energy, flow measurement, lighting, and medical devices. They offer bespoke coil designs, cable harnesses, and sensing devices, emphasizing quality and craftsmanship. The site also features a factory tour, highlighting their experienced team and proprietary machinery. It's clear they're targeting businesses needing specialized coil solutions, with a focus on both off-the-shelf and custom-made products. The website doesn’t appear to be an e-commerce platform; rather, it’s a marketing tool showcasing their capabilities and inviting inquiries.

Financially, Anstee Coil Technology Ltd presents a mixed picture. While turnover remained steady at £2.6 million, net assets increased by a substantial 11.5% to £2.6 million. However, bank borrowings jumped by 2,400%, reaching £29,000, and cash reserves fell 30% to £42,000. Debtor’s increased by 890%, which could be a sign of delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp increase in borrowings raises questions. There’s no auditor mentioned, which is likely due to the company’s status as a small business. The company's assets are steadily increasing, which is a positive sign. The company’s increased borrowing could be a sign of expansion, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 09088709, with a registered address at GL10 3RF, England, Stonehouse, Gloucestershire, Anstee Coil Bondsmill Estate, Bristol Road.

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