Anvil Traction Limited

Anvil Traction Ltd, based in Wellingborough, UK, is a small, active company established eleven years ago. Employing just four people, it holds assets valued at £853,827. The company operates with three directors and three owners, maintaining a real address and a solid trading status. It’s a regular importer of footwear and related items, with 68 months of import activity recorded, the latest in October 2024. However, its export activity is irregular, with just one month of exports recorded for furniture, lighting, and prefabricated buildings back in January 2021.

The company’s website reveals a fascinating focus: developing and supplying slip-resistant and comfortable footwear technologies. It’s particularly known for its “ATGRIP” technology, born from a joint research project with the University of Sheffield, which aims to significantly reduce slips, trips, and falls in the workplace – a major cause of accidents. Beyond safety, Anvil Traction invests in biomechanical and materials research to enhance footwear comfort, aiming to improve the wellbeing of workers. The website also highlights its “ATENDURANCE” rubber technology, offering both slip resistance and durability, exceeding industry standards.

Financially, Anvil Traction Ltd shows a mixed picture. Current assets decreased by 15% to £850,000, while net assets also dropped by 3.1% to £1,000,000. Bank cash reserves fell 58% to £160,000, and fixed assets decreased by 52% to £370,000. On a positive note, creditors decreased by 76% to £140,000, 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 agility, but the decline in equity raises questions. As a small company, it is exempt from an audit, and the figures are unaudited. It’s likely that the company is investing heavily in its technology and marketing efforts, which could explain the dip in cash reserves, but it’s also possible that sales haven’t kept pace with costs.

Registered in England/Wales under the registration number 09033199, with a registered address at NN8 4FT, England, Wellingborough, Northamptonshire, 16 Don White Road, Ogee Business Park.

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