Platipus Anchors Limited

Platipus Anchors Limited, based in Redhill, UK, is a small holding company with an active status, celebrating 42 years in business. Employing 29 people and holding assets of £3,011,931, the company operates from a real address and is managed by two directors and one owner, boasting a stellar 5.0 Google rating from 16 reviews. A regular importer of iron or steel products (31 months) and a long-time exporter (168 months), Platipus Anchors specializes in ground anchoring solutions.

The company’s website highlights its expertise in providing innovative and cost-effective ground anchoring for a wide range of applications, including civil engineering, construction, landscaping, pipeline stabilization, and electricity communication. It’s particularly known for its Percussion Driven Earth Anchors (PDEA), marketed globally and used in diverse industries like marine and photovoltaic applications. The website also showcases a range of services, from site evaluation and anchor testing to onsite training and system conceptual proposals.

Financially, Platipus Anchors presents a mixed picture. While cash reserves decreased by 46% to £120,000, indicating a tighter grip on funds, creditors also fell by 48% to £41,000, suggesting improved debt management. Trade debtors, however, increased by 13%, which could be a sign of delayed payments. Equity dropped by 16%, a significant change, and net assets decreased by 23%. 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 decline in equity warrants closer examination. No auditor is mentioned, likely due to its small company status.

The company’s focus on specialized anchoring solutions and its strong Google rating suggest a niche market, but the financial trends indicate a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 01680529, with a registered address at RH1 4DP, Redhill, Surrey, The Kingsfield Business Centre, Philanthropic Road.

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