Structural Adhesives Limited

Structural Adhesives Limited, based in Leicester, UK, is a small holding company with an active status, established 36 years ago in 1989. The company employs ten people and holds assets valued at £2,772,271. It has a real registered address and is overseen by two directors and two owners. Regular imports of plastics and plastic products have been recorded for four months, while exports of natural and modified starches, glues, and enzymes span three months.

The company operates in several industries, including manufacturing chemical products, other manufacturing, research and development, and technical testing. Its website is not available to review.

Financially, Structural Adhesives Limited presents a mixed picture. Cash bank on hand increased significantly by 25% to £2.4 million, while current assets also rose by 20% to £2.8 million. However, property, plant, and equipment decreased by 12% to £110,000. Creditors increased by 23% to £270,000, and net assets grew by 19% to £2.6 million. Despite these positive trends, accrued liabilities decreased slightly by 15% to £17,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and the company is exempt from an audit.

The financial data suggests the company is generally healthy, with growing assets and cash reserves. However, the increase in creditors could indicate a need to manage short-term liabilities more closely. The company’s directors are Suri Anil and Orton Angela, and the ultimate parent undertaking is Suri Holdings Limited.

Registered in England/Wales under the registration number 02352849, with a registered address at LE3 2BQ, Leicester, The Adhesive Buildings Units 12, 13 And 13a, Marlow Road Industrial Estate.

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