Argus Fluidhandling Limited

Argus Fluidhandling Ltd, based in St. Helens, UK, is a sizable company with an active status, having been established sixteen years ago in 2008. Employing 206 people, the company holds assets valued at £9,574,496 and generates annual revenue of £19,718,595. It operates as a holding company and boasts a real address, managed by two directors and one owner. The company regularly imports and exports iron or steel products, with a consistent history of 119 months of imports and 78 months of exports.

The company's website is not available, making it difficult to determine if it operates an e-commerce platform.

Financially, Argus Fluidhandling Ltd presents a mixed picture. While turnover remained steady at £19,718,595, net assets decreased by a substantial 28%, falling to £2,000,000. Bank borrowings increased by 1,400%, reaching £2,200,000, while cash reserves declined by 49%, leaving just £52,000. Creditors also decreased by 19%, suggesting improved debt management. The company meets the criteria to be considered large, having turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The auditors, Duncan & Toplis Audit Limited, have stated the financial statements give a true and fair view.

The company's increased reliance on bank borrowings, alongside the decrease in cash reserves, suggests it may be burning through money. It’s possible this is linked to investments in expansion or increased operating costs, but further investigation would be needed. The company’s consistent import and export activity indicates a stable supply chain, but the fluctuating financials warrant close monitoring.

Registered in England/Wales under the registration number 06676549, with a registered address at WA11 9TG, England, St. Helens, Merseyside, 43 Wilcock Road, Haydock.

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