Atwell International Limited

Atwell International Ltd from Worcester UK: a small, active company founded 29 years ago, employs 10 people, and holds £1,034,464 in assets. Yearly revenue sits at £2,364,702, with a real address and a single director and owner. The company regularly imports machinery, boilers, and mechanical appliances; parts (39 months imported), and exports the same (12 months exported). It’s a trusted provider of high-quality elevator safety products and associated lift components, specialising in VG Safety Products.

The company operates in the manufacture of lifting and handling equipment industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The website showcases a range of products, including speed watchers, safety gears, and roller guide shoes, alongside case studies and technical manuals. It’s clear the company isn’s purely ecommerce, but uses its website to showcase products and technical information to potential customers.

Financially, Atwell International Ltd shows a mixed picture. Accumulated depreciation increased significantly, by 110%, suggesting investment in plant and machinery. Administrative expenses rose by 9.1%, but cash bank on hand fell 19% to £230,000. Turnover increased by a healthy 7.8% to £2,400,000, but the company recorded a loss of -£46,000, a dramatic shift from a profit of £180,000 the previous year. Trade debtors increased by 2.8%, and creditors decreased by 6.3%, suggesting better debt management. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

While the company’s financial health appears to be under some pressure, its focus on specialized elevator safety products and a global supplier network suggests a resilient business model. The increased depreciation indicates investment, and the focus on technical support and customer service is a strong foundation for future growth.

Registered in England/Wales under the registration number 03167927, with a registered address at WR2 6PD, Worcester, Worcestershire, Unit 13 Ball Mill Top Business Park, Hallow.

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