Arrandene Mfg Limited

Arrandene MFG Ltd, based in St Albans, UK, is a large, active company established fifteen years ago. With nine employees and £6,269,382 in assets, it operates from a virtual address—a point of concern given nineteen companies share the same address. The company is led by three directors and has two owners, though the ownership list may not be exhaustive. It regularly imports aluminum and aluminum products (for four months) and exports copper and copper products (for twenty-one months).

The company's website reveals a focus on sustainable metal sourcing, processing, and supplying industrial customers worldwide. It’s a family-run business with active shareholder involvement, prioritizing long-term relationships and rigorous ethical standards. As part of the larger MFG Metals Group, Arrandene MFG has a global presence with offices and facilities across Europe, Asia, and the US. Its services extend beyond simple trading, encompassing metals and materials, scrap metal processing, transport and storage, and even financing and hedging options through the London Metal Exchange and London Bullion Market Association.

Financially, Arrandene MFG Ltd presents a mixed picture. While cash reserves increased dramatically by 15000%, reaching £1.1 million, net assets decreased by 1.7% to £4.1 million. Bank borrowings were reduced significantly, falling by 98%, and creditors decreased by 18%, suggesting improved debt management. However, net losses deepened to -£940,000, and trade debtors increased by 890%, which may indicate difficulties in collecting payments. The company’s assets are not audited, and no auditor is mentioned.

The sharp decrease in equity and the rise in trade debtors are concerning, but the company’s position within a larger group and its diverse range of services—from sourcing to financing—may provide a buffer against these challenges. It's likely that the company is facing some financial pressures, but its established network and diverse offerings could help it navigate these difficulties.

Registered in England/Wales under the registration number 07084236, with a registered address at AL1 3SE, St Albans, Herts, Faulkner House, Victoria Street.

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