At Poeton Limited

Poeton At Ltd, based in Gloucestershire, UK, is a holding company with a solid 24-year history. Employing 179 people and holding assets of £1,765,816, the company maintains a real address and is overseen by three directors and one owner. Its Google rating stands at a respectable 4.0 based on seven reviews. Poeton At Ltd regularly imports and exports machinery, boilers, and mechanical appliances, parts—a consistent pattern spanning 62 months for imports and 102 months for exports.

The company's operations are primarily focused on surface engineering, as evidenced by its website, Poeton Industries. It offers a comprehensive range of treatments, from anodising to thermal metal spraying, catering to various industries including automotive, aerospace, and medical. The website highlights bespoke solutions and a dedicated research and development team, suggesting a commitment to innovation. It’s clear that the company isn’s just selling standard coatings, but offering tailored solutions.

Financially, Poeton At Ltd’s recent performance presents a mixed picture. Cash reserves increased by a healthy 22%, reaching £540,000, which is good news. However, net assets grew by a more modest 34%, reaching £6,100,000, and net losses increased by 120%, to £1,400,000. Bank borrowings have completely vanished, a significant change from the previous year, and trade debtors have increased by 420%. Creditors have also decreased by 18%, which could indicate better management of short-term liabilities. The company’s investment in property, plant, and equipment remains stable. While the increase in debtors may reflect business growth, the rising losses warrant closer scrutiny. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements. Overall, Poeton At Ltd appears to be a well-established company navigating a challenging economic climate, with a strong foundation in surface engineering and a commitment to innovation.

Registered in England/Wales under the registration number 04036407, with a registered address at GL4 3DN, Gloucestershire, Eastern Avenue, Gloucester.

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