Atlantic Industrials Limited

Atlantic Industrials Ltd, based in Preston, UK, is a small, active company founded 27 years ago. With seven employees and £11.5 million in assets, it operates from a virtual address – a detail flagged by the registration of 79 companies at the same location. The company is led by two directors and has a single owner, who is also the solo founder. Regular import and export activity centres around machinery, boilers, and mechanical appliances, with 390 months of import history and 721 months of export activity recorded.

The company’s website highlights a specialization in exporting unique and bespoke industrial bearings, boasting a vast inventory of over 7,000 part numbers. It has exported to 53 countries and operates a piano restoration division, 1066 Pianos, with a showroom in Harrods. This division is a separate entity, but the shared branding suggests a connection.

Financially, Atlantic Industrials Ltd presents a mixed picture. While current assets increased by 6.4% to £12 million, cash reserves plummeted 86% to just £9,800. Bank borrowings are down, and creditors have decreased, which is a positive sign. However, the significant drop in cash and the decline in intangible assets (down 100%) are concerning. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the financial trends suggest potential strain. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited. It's a bit unclear what's going on.

The company’s focus on niche industrial components and its piano restoration side show diversification, but the financial data suggests it’s navigating a challenging period.

Registered in England/Wales under the registration number 03531421, with a registered address at PR2 9NB, United Kingdom, Preston, Lancashire, Shorrock House 1 Faraday Court, Fulwood.

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