Latty International Ltd

Latty International Ltd, based in Nottinghamshire, UK, is a small, active company founded 34 years ago. With six employees and £710,781 in assets, it's a long-standing operation led by two directors and a solo founder. The company regularly imports and exports machinery, boilers, and mechanical appliances—parts, with 45 months of import activity and 32 months of export activity recorded.

The company operates within the wholesale of other intermediate products industries. Its website, Groupe Latty, showcases a wide range of industrial sealing solutions, including gaskets, mechanical seals, and tooling, catering to industries like agro-alimentaire, marine, and petro-le. The site also highlights a factory tour and a focus on innovation, with a new PTFE-based tress available.

Financially, Latty International Ltd shows some concerning trends. Net assets have decreased significantly, dropping 57% to just £29,000. Cash reserves have also declined, falling 17% to £88,000. While trade debtors have increased by 8.2%, creditors have also risen, suggesting a need to manage cash flow. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in equity is something to watch. There's no auditor mentioned, which is likely due to its status as a small company and exemption from an audit. The company's accounts are abridged, and the financial statements were authorised for issue on January 25, 2024.

Registered in England/Wales under the registration number 02574066, with a registered address at DN22 7BT, Nottinghamshire, Westfield Road, Retford.

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