Excel Adhesives Ltd

Excel Adhesives Ltd, based in Lymington, UK, is a small, active company founded nineteen years ago. With two employees and £269,828 in assets, it’s a solo-founded operation managed by two directors and one owner. The company regularly imports natural and modified starches, glues, and enzymes—five months of import activity recorded, with the latest in February 2025. It operates in the manufacture of glues industries.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform. However, its focus on adhesives suggests a business-to-business model, supplying raw materials to other manufacturers.

Financially, Excel Adhesives Ltd presents a mixed picture. While turnover isn’t explicitly stated, the company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Cash reserves have decreased significantly, dropping 66% to £12,000. Bank borrowings increased, and creditors rose by 8.4%, suggesting a need for more working capital. Trade debtors decreased by 46%, which could indicate improved collection practices, but also a reduction in sales. The company’s net current assets liabilities have increased by 17%, which is a concern. The company’s equity has also decreased by 17%, which is a concern. Despite these challenges, the company’s small size allows for agility. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Payments to related parties decreased by 39%, which could be a positive sign, but it’s difficult to say without more information. The company’s income from related parties also decreased significantly. It’s worth noting that the company’s depreciation charge for plant machinery has fallen to zero, which could be a sign of reduced investment.

Registered in England/Wales under the registration number 05736248, with a registered address at SO41 8LS, Lymington, Hampshire, Unit B6/B7 Setters Farm Mount Pleasant Lane, Sway.

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