Atlas Industrial Services Limited

Atlas Industrial Services Ltd, based in York, UK, is a small, active company founded 22 years ago. With seven employees and £494,987 in assets, it operates from a virtual address shared by 89 other companies – a bit of a red flag, really. It's a solo founder operation led by a single director and owner, Currie Glyn. Google reviews are pretty good, averaging 4.0 from two ratings. The company imports various base metals and cermets, though only sporadically, with the last import recorded in November 2023.

The company’s website highlights its core business: industrial chemical cleaning. They offer services like pickling, descaling, and passivation of equipment, both on-site and at their depots in Hartlepool and Motherwell. They even have a laboratory to tailor cleaning processes to individual client needs. It’s clear they’re targeting industrial clients who need specialized cleaning solutions. They also supply a range of chemical products, which is a nice revenue stream.

Financially, Atlas Industrial Services Ltd presents a mixed picture. Cash reserves took a hit, dropping 36% to £320,000, which is concerning. Creditors also decreased significantly, falling 48% to £370,000, suggesting improved debt management, though. Net assets, however, increased by a substantial 170% to £250,000 – a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

Overall, Atlas Industrial Services Ltd seems to be navigating a period of change. The drop in cash reserves and the virtual address are points to watch, but the increase in net assets and the focus on specialized services suggest a company with potential. It's a bit of a gamble, really, but they seem to be holding their own.

Registered in England/Wales under the registration number 04577167, with a registered address at YO31 7YA, England, York, Moyola House, 31 Hawthorne Grove.

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