Assembly Techniques Limited

Assembly Techniques Limited, based in Dukinfield, UK, is a sizable company with a 37-year history, currently employing 49 people and holding assets valued at £3,654,491. As a holding company with an active status, it’s a well-established player in the industrial components sector. The company, managed by three directors and one owner, maintains a real address and boasts a respectable 4.0 Google rating from five reviews.

Assembly Techniques Limited operates as a supplier of industrial components, fasteners, and fixings, offering a range of services including cleaning, assembly, and kitting. Their website highlights a focus on precision and quality, catering to industries requiring specialist components and services. They also have a division focused on piano restoration, a surprising diversification from their core business.

Financially, the company’s performance presents a mixed picture. While turnover remained stable, current assets decreased by 14%, falling to £3.7 million. Bank borrowings have significantly reduced, dropping by 34% to £670,000, and cash reserves have also declined by 83% to £50,000. Despite these challenges, creditors have decreased by 16%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decline in equity warrants attention. The financial statements were audited by Sumer Auditco Limited.

The company’s consistent import of plastics and plastic products (296 months) and export of optical and medical tools and devices (123 months) demonstrates a steady supply chain. However, the decrease in cash reserves and the significant drop in equity suggest that Assembly Techniques Limited is navigating a period of financial pressure, possibly due to increased costs or changing market conditions.

Registered in England/Wales under the registration number 02141868, with a registered address at SK16 4PW, Dukinfield, Cheshire, Unit 5 Tameside Court, Fifth Avenue.

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