Euro Products Limited

Euro Products Ltd, based in South Molton, UK, is a small, active company established 41 years ago. With 11 employees and £8,906,092 in assets, it's a well-established player, though it operates from a virtual address shared by twelve other companies. The business is run by three directors, with no owners officially reported. It regularly imports machinery, boilers, and mechanical appliances (parts for three months), and exports optical and medical tools and devices (for 106 months).

The company specializes in the manufacture of precision hardness testing blocks and indenters, a niche market highlighted by its website. Founded in 1989, Euro Products has built a reputation for exceeding international standards and serving a global clientele, with a particular focus on high-end piano restoration—a seemingly unrelated venture. The website emphasizes quality, UK manufacturing, and worldwide shipping, catering to both commercial and industrial customers.

Financially, Euro Products Ltd presents a mixed picture. Current assets have increased by 12% to £8,900,000, while net assets have also grown by 9.5% to £9,000,000. Bank borrowings have decreased by 12%, suggesting improved financial management. However, trade debtors have increased by 18%, which could indicate 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) allows for flexibility, but the increase in trade debtors warrants monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s continued focus on quality and niche markets, alongside the seemingly successful piano division, suggests a resilient business, though the increase in trade debtors should be watched closely.

Registered in England/Wales under the registration number 01734715, with a registered address at EX36 3LH, England, South Molton, Devon, Lime Court, Pathfields Business Park.

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