Conveyorworks Ltd

Conveyorworks Ltd from Hamilton UK: a small, active company founded 14 years ago, employs six people, and holds £355,968 in assets. It’s a real address with two directors and one owner. The company regularly imports treated or layered fabrics for industrial use, with 25 months of import activity recorded.

Conveyorworks Ltd operates as a professional, family-run business specializing in fabricating high-quality conveyor belting for a wide range of industries, from baking to recycling. Its website highlights its services, including specialist belt fabrication, modular belt systems, and 24/7 servicing. The company even offers on-site fitting and workshop facilities, servicing customers across the UK. It’s clear they’re focused on providing solutions for various manufacturing and processing needs.

Financially, Conveyorworks Ltd presents a mixed picture. While net assets decreased by 3.1% to £240,000, cash reserves remained stable at £150,000. Bank borrowings decreased by 34% to £28,000, which is a positive sign. Creditors increased by 6.4% to £170,000. The company’s small size—meeting two of three conditions for a small company—helps it remain agile. The increase in creditors, however, could indicate a need to manage short-term liabilities. As a small company, Conveyorworks Ltd is exempt from an audit, so the financial information is unaudited. The company’s accounts were prepared by Dunellan Accountancy Limited.

Overall, Conveyorworks Ltd appears to be a stable, albeit small, business. The company’s focus on specialized belting and its commitment to customer service suggest a sustainable model, but the slight decrease in equity warrants monitoring.

Registered in Scotland under the registration number SC392161, with a registered address at ML3 9BU, Scotland, Hamilton, 10 Clearfield Avenue.

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