Atag Design Ltd

Atag Design Ltd, based in Bishop Auckland, UK, is a small, active company founded just two years ago. Employing eighteen people and holding £394,880 in assets, it’s a family business with two directors and two owners at the helm. The company operates from a real address and is registered with one other company, suggesting a relatively low-profile operation. It’s a manufacturer of cables and related assemblies, with a focus on British production.

The company's website highlights its expertise in manufacturing high-quality cables, offering a full assembly service, and providing bespoke solutions. It caters to a wide range of industries, including telecommunications, healthcare, and defense, and boasts over fifty years of experience in the cable manufacturing industry. The website details a comprehensive range of cables, from equipment wires to Arctic-grade and multicore options, and emphasizes its commitment to quality and British craftsmanship. It also offers custom cable design consultancy.

Financially, Atag Design Ltd shows a mixed picture. While the company's net assets remain negative at -£8,200, indicating a loss, the business has managed to maintain a steady level of cash bank on hand at £7,900. Trade debtors remain at £290,000, and creditors are stable at £35,000 and £480,000 respectively. Capitalised borrowing costs have remained constant, and future finance charges are minimal. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it’s burning through money. There’s no mention of an auditor, likely due to its status as a small company, so the figures are unaudited.

The company’s import activities are centered around copper and copper products, with five months of import activity recorded. Export activities are focused on optical and medical tools and devices, with six months of export activity. Overall, Atag Design Ltd appears to be a small, family-run business navigating the challenges of early-stage growth, relying on its expertise and British manufacturing focus to sustain its operations.

Registered in England/Wales under the registration number 14748153, with a registered address at DL14 6XB, England, Bishop Auckland, County Durham, Unit 18 Longfield Road, South Church Enterprise Park.

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