Itac Limited

Itac Limited, a Manchester-based company, has been a fixture in the UK manufacturing landscape for 73 years, established back in 1951. This holding company, currently active, employs 32 people and holds assets valued at £5,065,314, generating a yearly revenue of £8,417,686. With four directors and one owner, Itac operates from a real address and maintains a Google rating of 3.0 based on three reviews. The company specializes in the manufacture of glues, and it’s a regular importer of plastics and plastic products (44 months), while irregularly exporting tanning and dyeing products (1 month).

Itac’s website showcases its expertise as adhesive manufacturers, providing solutions for various sectors like food, construction, and healthcare. They offer bespoke formulation, toll manufacturing, and project development partnerships, catering to clients seeking high-performance adhesives and coatings. The site highlights a commitment to innovation and collaboration, emphasizing a "manufacturing partnership" approach.

Financially, Itac Limited presents a mixed picture. While cash bank holdings increased by a respectable 58% to £730,000, net assets only rose slightly to £4.4 million. Trade debtors decreased by 20%, which is a good sign, but creditors also fell by 14%, suggesting a need for careful cash flow management. The company’s turnover decreased by 1.3% to £8.4 million, and the net loss deepened to -£28,000. Despite these challenges, the company’s assets are considerable, and it’s clear that Itac is a well-established player in its niche. The absence of an auditor, typical for a company of this size, means the financial information is unaudited. It’s likely that the company’s focus on specialized adhesive solutions and long-standing relationships with clients provides a degree of stability, even as broader economic conditions fluctuate.

Registered in England/Wales under the registration number 00499145, with a registered address at M26 1AS, United Kingdom, Manchester, Bankfield Mills Stoneclough, Radcliffe.

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