Trent Refractories Limited

Trent Refractories Limited, based in Scunthorpe, UK, is a small, holding company with an active status. Established 36 years ago in 1989, it employs 19 people and holds assets valued at £2,626,747. The company operates from a real address and is overseen by one director and one owner. It’s a regular importer of ceramic products, having imported for 25 months, and a regular exporter, with 39 months of export activity recorded.

The company’s core business revolves around manufacturing, specifically within the “other manufacturing n.e.c.” industries. Trent Refractories Limited is a small company, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Its website is not available for review.

A review of Trent Refractories Limited’s financial data reveals a mixed picture. While bank borrowings decreased by a significant 48%, falling to £29,000, cash reserves also dropped by 27%, settling at £20,000. Creditors saw a substantial decline of 49%, decreasing to £77,000, suggesting improved debt management. However, net assets plummeted 18%, ending at £1,900,000, and trade debtors increased by 890%, reaching £1,600,000, which could indicate difficulties in collecting payments. The company’s average number of employees increased by 16% to 22. The company is exempt from an audit.

Overall, Trent Refractories Limited appears to be navigating a period of change. While it’s managing its debts better, the decline in equity and increase in trade debtors are concerning. The company's small size allows for agility, but the financial pressures will need to be addressed for sustained success.

Registered in England/Wales under the registration number 02358956, with a registered address at DN16 3RT, Brigg Rd Scunthorpe, North Lincs, Menasha Way, Queensway Ind Est.

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