Elementation Limited

Elementation Ltd, based in Stoke-on-Trent, UK, is a small, family-run business with an active status. Founded 42 years ago in 1983, the company employs nine people and holds £540,994 in assets. With a real address and a single director, it's a well-established operation. Elementation regularly imports and exports electrical machinery and equipment, with 11 months of import activity and 9 months of export activity recorded.

The company’s website showcases a specialist manufacturer of heating elements, catering to industrial and commercial sectors across the UK. They manufacture and supply a wide range of products, including tube elements, tape elements, ceramic consumables, and radiant tube core heaters. The website emphasizes decades of experience, quality products, and fast service—hallmarks of a reliable industrial supplier. They even offer a large range of products for the cosmetic, commercial, and industrial sectors.

Financially, Elementation Ltd shows some concerning trends. Current assets have decreased by 26%, falling to £540,000, while net assets have plummeted 35%, dropping to £410,000. Bank borrowings have increased significantly, and cash reserves have fallen by 33%, sitting at £350,000. Creditors have risen by 36%, reaching £140,000. Despite these challenges, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The lack of a mentioned auditor suggests the accounts are unaudited, relying on director-reported data.

While the company's manufacturing expertise and long-standing reputation are strengths, the declining financial figures raise questions about its current health. It will be interesting to see if Elementations ability to adapt and innovate will allow it to overcome these pressures and continue its success in the heating element market.

Registered in England/Wales under the registration number 01694918, with a registered address at ST8 7QJ, Stoke On Trent, Saint Chads, Fisher Street, Brindley Ford.

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