Capital Refractories Limited

Capital Refractories Ltd, based in Derbyshire, UK, is a well-established holding company with a 52-year history. Employing 62 people, the company boasts assets of £9,019,515 and maintains a real address, with three directors and two owners at the helm. Its impressive 5.0 Google rating, based on five reviews, speaks to its reputation. The company regularly imports inorganic chemicals (183 months) and exports ceramic products (381 months).

Capital Refractories specializes in the manufacture and supply of refractory materials, ceramic cores, and related products, catering to the metal melting, foundry, and cement industries. Its website details a comprehensive range of products, from atomizing nozzles and castables to gas diffusers and ladles, serving diverse applications. The company also provides engineering services, including refractory design, installation, and product development. Notably, it has a dedicated division focused on manufacturing ceramic cores for the aerospace industry, producing components for jet engine blades and vanes.

Financially, Capital Refractories shows a mixed picture. While turnover remained stable at £17.5 million, net assets increased by 10% to £10.2 million. However, bank borrowings rose significantly by 120% to £1.2 million, and cash reserves decreased by 21% to £1.8 million. Accounts receivable increased by 15%, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased borrowing raises questions. The accounts were audited by BHP LLP, and the report was signed on July 22, 2024.

The company’s long history and diverse product range indicate a resilient business, but the increased debt warrants close monitoring. The focus on specialized markets, such as the aerospace industry, provides a buffer against broader economic fluctuations, but the company’s future success will depend on its ability to manage its finances and adapt to changing market conditions.

Registered in England/Wales under the registration number 01101489, with a registered address at S43 4AB, Derbyshire, Station Road, Clowne.

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