Digestors Silos & Tanks Limited

Digestors Silos & Tanks Ltd, based in Poleglass, UK, is a small, active company established 36 years ago. With 15 employees and £3,324,604 in assets, it's a well-established player in its sector. The company, overseen by two directors and a single owner, maintains a real address and currently holds a 3.0 Google rating based on two reviews. It regularly imports plastics and plastic products, with the last import operation recorded four months ago.

The company's website highlights its role as a leading manufacturer of chemical and liquid storage tanks, offering a wide range of solutions for global projects. Silotank, as it’s known, specializes in thermoplastic, GRP, dual laminate, and other storage tanks, catering to industries like water treatment, food processing, and chemical manufacturing. The website also showcases environmental products, pressure vessels, and ancillaries, demonstrating a comprehensive offering. They even have a dedicated section for news, including recent awards and system enhancements.

Financially, Digestors Silos & Tanks Ltd presents a mixed picture. While cash reserves increased by 19% to £2,700,000, net assets only grew slightly to £4,300,000. Trade debtors decreased significantly, suggesting improved collection practices, however, bank borrowings increased by 2,400% to £29,000. Accumulated depreciation for plant machinery increased by 9.1% to £3,800,000. The company, meeting two of three conditions for a small business, benefits from agility, but the increase in debt warrants attention. No auditor is mentioned, likely due to its small size and exemption from an audit. The company’s long history and diverse product range suggest a resilient business, but the recent financial trends indicate a need for careful management.

Registered in Northern Ireland under the registration number NI022419, with a registered address at BT17 0QL, Poleglass, Belfast, Pembroke Loop Road, Springbank Industrial Estate.

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