Excel Laminating Limited

Excel Laminating Limited, based in Hull, UK, is a large, holding company with an active status. Founded 27 years ago in December 1997, the company employs 24 people and holds assets worth £6,449,859. Its yearly revenue is £11,689,992, a substantial figure. The company is managed by five directors and has one owner, and boasts a perfect 5.0 Google rating based on two reviews.

Excel Laminating operates in the other manufacturing n.e.c. industries, and is a leading supplier of raw, laminated, and bonded sheet materials to the offsite construction industry. It’s an independent, family-run business that prides itself on high-quality service, technical innovation, and a wide range of standard and specialist products. The company imports wood and wood products regularly, with the last import operation occurring in November 2023. It also exports stone, plaster, cement, and similar materials, with the last export operation taking place in October 2024.

The company’s website highlights its core services: laminating, bonding, processing, and distribution. It also offers bespoke bonded panels, readymade panels for modular developments, and processing solutions including cutting, folding, and CNC machining. A key offering is Cladex, an external cladding solution, and MegaExcel, a specialised plasterboard. The website’s layout suggests a business focused on B2B sales rather than direct-to-consumer e-commerce.

Financially, Excel Laminating shows some concerning trends. Cash bank on hand plummeted by a massive 91%, falling to just £120,000. Amounts owed by group undertakings increased dramatically, reaching £3.4 million. However, creditors decreased by 37%, and the company’s administrative expenses only increased by 6%, which is a positive sign. The company’s average number of employees has increased by 12%, which could indicate expansion. Despite these shifts, the company’s net assets remained stable at £1.8 million. The accounts are audited by Smailes Goldie, which provides some assurance of their reliability. The company’s large size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market, and the fluctuating financials reflect the challenges of growth and managing working capital.

Registered in England/Wales under the registration number 03474667, with a registered address at HU9 5NX, United Kingdom, Hull, Unit 3 Kingston International Business Park, Hedon Road.

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