Lati Uk Limited

Lati Uk Limited, based in Altrincham, UK, is a small holding company with an active status, established 32 years ago in June 1992. The company employs just two people and holds assets totaling £1,321,200. It operates from a virtual address, registered with 48 other companies, and is overseen by two directors and a single owner. Google users have rated it a perfect 5.0 based on one review. Lati Uk Limited is a regular importer of plastics and plastic products, having imported for 97 months, with the most recent import occurring in February 2025.

The company’s website reveals a much larger operation: LATI Termoplastici, a European manufacturer of high-performance thermoplastic compounds. The site showcases a wide range of products and solutions, catering to various industries, including automotive, electrical, and medical. It offers technical support, certifications, and even guides to molding techniques. The company’s website also highlights its commitment to sustainability, with a line of bio-based materials called LATIGEA. The website is quite extensive, with a lot of information about the products and services offered.

Financially, Lati Uk Limited shows a mixed picture. While current assets remain steady at £1,300,000, cash reserves have fallen by a significant 53%, dropping to £270,000. Bank borrowings have increased by 20%, reaching £460,000, and trade debtors have jumped by a substantial 78%, indicating a possible issue with collecting payments. Creditors have also increased by 28%, suggesting a greater reliance on short-term financing. Equity has decreased by 13%, falling to £700,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in cash and equity raises concerns. The accounts are unaudited, which is common for small companies.

Overall, Lati Uk Limited appears to be navigating a challenging financial environment. While the parent company, LATI Termoplastici, seems to be thriving, the UK subsidiary is facing pressures. It’s likely that the company is working to improve its cash flow and manage its debt, but its long-term success will depend on its ability to maintain its import activities and support its parent company’s operations.

Registered in England/Wales under the registration number 02723946, with a registered address at WA14 5GL, England, Altrincham, C/O Bright Partnership, 26 Edward Court.

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