Express Contract Drying Ltd

Express Contract Drying Ltd, based in Clifton, UK, is a small, active company established 28 years ago. With 79 employees and £2,984,262 in assets, it's a significant player in its niche. The company is managed by six directors and owned by a single individual. It regularly imports drinks, alcohol, and vinegar (for 30 months) and exports essential oils and perfumes (for 37 months), indicating a focus on both inbound and outbound trade.

The company specializes in toll spray drying and blending, operating as the largest independent provider in the UK. Its website details a comprehensive service for food and food supplement manufacturers, offering everything from laboratory-scale to commercial production. It even has a separate division, ECD Ingredients, which manufactures and supplies spray-dried vinegar powders, juice powders, and microencapsulated ingredients. The company’s website also highlights its investment in state-of-the-art equipment, including 11 spray dryers and four powder blenders, and its commitment to quality and confidentiality.

Financially, Express Contract Drying Ltd presents a mixed picture. Cash bank on hand has decreased significantly, falling by 65% to £1.3 million. Current assets have also declined by nearly 50% to £3 million, while net assets have plummeted 36% to £3.5 million. However, creditors have decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the drop in equity raises questions. The company's accounts are unaudited, and no auditor is mentioned.

Despite these challenges, Express Contract Drying Ltd appears to be a resilient business, leveraging its expertise and equipment to serve a specialized market. The company’s focus on quality, confidentiality, and innovation positions it well for continued success, although the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03216491, with a registered address at BS8 1SZ, United Kingdom, Clifton, Bristol, Flat 5.02 2-7 Elmdale Road.

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