Armcon Limited

Armcon Limited, based in Poynton, UK, is a small holding company with an active status, celebrating 33 years in business. Founded in 1992, the company employs 24 people and holds £2,365,965 in assets. It has a real address, four directors, and two owners, and boasts a respectable Google rating of 4.0 based on 19 reviews. Armcon is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 68 months of import activity and 63 months of export activity recorded.

The company's website reveals a focus on concrete equipment supply. Armcon acts as a dealer for several major brands, including ProAll Reimer Mixers, Terex, Constmach, and Comet, offering volumetric mixers, batching plants, silos, and pumps. The site emphasizes a commitment to providing high-quality equipment and services, including concrete and materials testing, certification, and parts. It’s clear that Armcon isn's just selling equipment; it's positioning itself as a solutions provider for the construction industry.

Financially, Armcon Limited presents a mixed picture. While current assets increased by 54% to £2,400,000, net assets declined by 9% to -£430,000. Bank borrowings decreased by 69% to £85,000, and cash reserves plummeted 82% to £22,000. Trade creditors increased by 50% to £2,100,000, which could indicate increased reliance on credit from suppliers. 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 flexibility, but the significant equity decline raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The company’s downward trend in cash reserves and negative equity, despite increased assets, suggests it may be burning through cash faster than it’s generating revenue. It’s possible that the expansion of its dealer partnerships, while promising for future growth, has required significant upfront investment. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Armcon’s reputation for quality equipment and service will be crucial for navigating these financial pressures.

Registered in England/Wales under the registration number 02678983, with a registered address at SK12 1LQ, Poynton, Cheshire, Armcon Business Park, London Road South.

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