Euro Super Abrasives Limited

Euro Super Abrasives Ltd, based in Darlington, UK, is a small, active company founded eleven years ago in 2013. It employs five people and holds £690,038 in assets, operating from a real address and managed by two directors and a single owner, who is also the solo founder. The company regularly imports and exports basic metal tools and utensils – nineteen months of import activity and nine months of export activity have been recorded, with the most recent imports in February 2025 and exports in January 2025.

The company’s website reveals it's a distributor for Element Six, a subsidiary of the De Beers Group, specializing in synthetic diamond and supermaterials. Euro Superabrasives acts as the exclusive distributor in several European countries, offering a range of products from diamond grits to high-speed vacuum brazing machines. They supply these materials to various industries, emphasizing technical support and customer care. It seems they have a modern office and transport links.

Financially, Euro Super Abrasives Ltd presents a mixed picture. Current assets have fallen by 31% to £690,000, while net assets decreased by 3% to £480,000. Cash reserves have taken a hit, dropping 34% to £270,000. Trade debtors have fallen significantly by 55%, which could be a positive sign of improved collections. However, creditors have also decreased by 33%, and future minimum lease payments have increased dramatically by 3,300% to £46,000. 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 remain nimble, but the decline in cash reserves is something to watch. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 08540909, with a registered address at DL1 1BF, England, Darlington, Innovation Central 10 John Williams Boulevard South, Central Park.

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