Limatech Ltd

Limatech Ltd is a small, active company based in Middlesbrough, UK, founded seven years ago in 2018. With two employees and £22,426 in assets, it generates £60,910 in yearly revenue. The company has a real registered address and is managed by one director and owner. It’s an irregular importer of electrical machinery and equipment, with just two months of import activity recorded as of July 2021.

The company’s website showcases a diverse range of composite materials and related equipment, catering to industries like aviation, automotive, and woodworking. It offers everything from vacuum infusion materials and silicon rubber bags to autoclaves, ovens, and core materials. It also features a section dedicated to Bostik adhesives and Italmatic autoclaves. The website's Turkish language suggests a focus on international markets.

Financially, Limatech Ltd's numbers paint a mixed picture. Current assets have fallen by 39% to £22,000, while net assets have decreased by 29% to £14,000. Cash reserves have also dropped by 40% to £10,000. Bank borrowings have decreased by 34%, which is a positive sign. However, turnover has plummeted by 45% to £61,000—a significant decline. Distribution costs have also decreased by 54%. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the drop in turnover and equity is concerning. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems like Limatech Ltd is facing some financial headwinds, despite its diverse product range and international focus. Whether it can navigate these challenges and return to growth remains to be seen—but for now, the company is betting on its niche market and international reach to weather the storm.

Registered in England/Wales under the registration number 11185690, with a registered address at TS6 9FD, United Kingdom, Middlesbrough, Cleveland, 1 Stone Road, Eston.

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