Apollo Cradles Limited

Apollo Cradles Ltd, based in Barnsley, UK, is a large, holding company with an active status. Established 32 years ago in November 1992, it employs 63 people and holds assets worth £3,308,303. The company, with three directors and one owner, has a real address and a stellar 5.0 Google rating based on two reviews. Apollo Cradles regularly imports machinery, boilers, and mechanical appliances parts, with 10 months of import activity recorded, the last in October 2024. Export activity is less frequent, occurring for just two months, with the last operation in December 2022.

The company specializes in providing access solutions, offering suspended cradles, mast climbers, and bespoke platforms for various industries. Its website highlights services for repairing structures and maintaining projects, catering to both off-the-shelf solutions and custom designs. They have a strong emphasis on safety and training, positioning themselves as trusted experts in the field.

Financially, Apollo Cradles Ltd presents a mixed picture. While current assets increased by 11% to £3.3 million, net assets remained stable at £2.3 million. Bank borrowings decreased by 13% to £290,000, and cash reserves grew by 23% to £1.1 million—a positive sign. However, administrative expenses increased by 14%, and director remuneration jumped by 87%, which could indicate investments in the business or increased personnel costs. Creditors decreased by 65%, suggesting improved debt management. The company meets the criteria for a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The absence of an auditor is likely due to its size.

Overall, Apollo Cradles Ltd appears to be a financially stable company, benefiting from its established reputation and specialized services. The increase in administrative expenses and director remuneration warrants monitoring, but the company’s strong asset base and improved cash position suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 02764092, with a registered address at S71 3HX, England, Barnsley, 428 Carlton Road, Carlton.

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