Astec Conveyors Limited

Astec Conveyors Ltd from Derby, UK, is a small holding company with an active status, established 24 years ago in 2001. The company employs seven people and holds £2,342,187 in assets. It operates from a real address and is led by one director and two owners. Astec Conveyors is an irregular importer, specializing in machinery, boilers, and mechanical appliances, with parts imported roughly every two months, the last being October 2023.

The company’s website, salesastecconveyors.com, highlights its specialization in the design and manufacture of bespoke conveyor systems, including belt, roller, case, and pallet conveyors. They cater to a range of industries, from food and drink manufacturing to e-commerce and warehousing, emphasizing quality, project management, and after-sales support. Astec even boasts 150 years of combined experience within the materials handling sector, and has a 3D printing farm. Testimonials from blue-chip clients praise their experience and handling capabilities.

Financially, Astec Conveyors Ltd presents a mixed picture. Current assets decreased by 4%, settling at £2,300,000, while net assets increased by 4.7% to £2,000,000. Bank borrowings decreased by 9.9%, now at £140,000, and cash reserves dropped by 12% to £1,200,000. Creditors decreased significantly by 35%, suggesting improved debt management. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the decrease in current assets, the overall financial picture suggests Astec Conveyors Ltd is holding its own, leveraging its experience and bespoke solutions to maintain a stable position within the conveyor systems market.

Registered in England/Wales under the registration number 04174577, with a registered address at DE11 9DH, Derby, Robian Way, Swadlincote.

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