Arroll Ltd

Arroll Ltd from Newtownabbey, UK, is a small, active company founded eleven years ago. With eighteen employees and £1,851,916 in assets, it’s a well-established player in its sector. The company, boasting a stellar 5.0 Google rating from 62 reviews, operates from a real address and is managed by two directors and two owners. It’s a regular importer and exporter of iron or steel products, having imported for 22 months and exported for 17 months.

The company’s website reveals a focus on cast iron radiators, baths, and accessories, with a strong emphasis on traditional craftsmanship and high-quality restoration. It’s clear they’re not just selling products; they’re selling heritage and elegance. They even have a new aluminium range, combining traditional design with modern techniques. The website includes a radiator builder tool, allowing customers to create their perfect radiator, and a gallery showcasing their products in homes worldwide. There’s also a trade login section, suggesting they cater to both individual customers and wholesale partners.

Financially, Arroll Ltd shows some concerning trends. While current assets remain stable at £1.9 million, net assets have fallen by 23% to £1.1 million. Bank borrowings have also increased, and cash reserves have decreased by 17% to £300,000. Creditors have increased significantly, suggesting the company may be relying more on credit. The company’s small size (meeting two of three conditions for being a small company) helps it stay nimble, but the decline in equity is something to watch. The lack of an auditor mentioned—likely due to being a small company—means the financial statements are unaudited.

Overall, Arroll Ltd appears to be a well-regarded company with a strong brand and a loyal customer base. However, the recent financial results suggest it’s facing some challenges. Whether it can maintain its momentum and overcome these hurdles remains to be seen.

Registered in Northern Ireland under the registration number NI620383, with a registered address at BT36 7NE, Newtownabbey, Co. Antrim, 6 Longlands Avenue.

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