Paratech Coating Uk Limited

Paratech Coating Uk Ltd, based in Northampton, UK, is a small, active company founded 23 years ago. With 18 employees and £340,792 in assets, it operates from a real address and is managed by a single director and owner. Google users rate it 4.0 stars based on one review. The company irregularly imports optical and medical tools and devices, with the latest import activity occurring two months ago.

Paratech Coating UK specializes in liquid conformal and parylene coating services, positioning itself as a leader in the field. Its website highlights expertise in protecting circuit boards, components, and surfaces, catering to industries like electronics, aerospace, defense, and medical devices. Services include plasma cleaning, liquid conformal coating, and Parylene coating, with a focus on high-quality workmanship and prompt, competitive pricing. The company even offers custom-built ESD flooring throughout its facility.

Financially, Paratech Coating Uk Ltd presents a mixed picture. While current assets grew slightly to £340,000, equity took a significant hit, plummeting 350% to £120,000. Bank borrowings decreased by 37%, reaching £38,000, and cash reserves fell 110% to -£1,700. Creditors also decreased by 56%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity warrants closer examination. With no auditor mentioned, the financial statements are unaudited.

It seems Paratech Coating Uk Ltd is facing some financial headwinds, although it maintains a strong reputation for its specialized coating services. The company’s ability to navigate these challenges and sustain its growth will depend on its ability to secure new contracts and manage its expenses effectively.

Registered in England/Wales under the registration number 04438372, with a registered address at NN5 7RX, Northampton, Unit 3 Gladstone Road, Kings Heath Industrial Estate.

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