Latham International Limited

Latham International Ltd from Staffordshire, UK, is a small holding company with an active status, established 36 years ago in 1988. The company employs 14 people and holds assets valued at £1,384,940. It operates from a real address and is managed by three directors and one owner, running an e-commerce site. Latham International regularly imports machinery, boilers, and mechanical appliances, parts, with 41 months of import activity recorded, and exports the same items, with 166 months of export activity.

The company’s core business revolves around filtration equipment, specifically pressure filtration technology and coagulation processes. Its website details a wide range of products, including filter presses, pumps, cloths, and parts, catering to various industries like sewage treatment, food processing, and power generation. Latham International even offers engineering services, maintenance, and refurbished equipment, demonstrating a commitment to customer support and innovation. The website also mentions a history dating back to 1981, originally under the name Latham Engineering Services Ltd, highlighting a long-standing presence in the industry.

Financially, Latham International shows some concerning trends. Accumulated depreciation on property, plant, and equipment increased by 19%, while bank borrowings surged by a staggering 400% to £9,200. Cash reserves plummeted 56%, dropping to £490,000. Creditors also decreased significantly, falling 66% to £390,000, which could indicate improved debt management. Net assets declined 18%, settling at £1.2 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity and cash reserves warrants closer attention. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

The company’s focus on filtration equipment and its long history suggest a specialized and potentially resilient business. However, the recent financial pressures indicate a need for careful management and strategic planning to ensure its continued success.

Registered in England/Wales under the registration number 02291707, with a registered address at ST5 6BD, Staffordshire, Rowhurst Close Industrial Estate, Newcastle Under Lyme.

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