Umicore Coating Services Limited

Umicore Coating Services Limited, based in Angus, UK, is a large company holding a significant position in the optical and medical technology sector. Established 35 years ago in 1989, it boasts 28 employees and holds assets valued at £2,426,996. With four directors and one owner, the company maintains a perfect 5.0 Google rating based on one review. It’s a regular importer and exporter of optical and medical tools and devices, with 156 months of import activity and 43 months of export activity.

The company’s website reveals a broader scope than initially apparent. While Umicore ElectroOptic Materials focuses on creating material solutions for optical and electronic applications, it highlights a commitment to hyperconnectivity—a combination of communication networks, sensors, and artificial intelligence. The site details a range of products and services, including infrared solutions, germanium products, and coatings, catering to diverse markets from automotive to healthcare. It also showcases a commitment to sustainability and responsible sourcing, with dedicated sections on environmental impact and governance.

Financially, Umicore Coating Services Limited shows a mixed picture. Current assets increased by 44% to £2,400,000, while net assets increased by a substantial 64% to £2,600,000. However, bank borrowings increased by 210% to £400,000, and deferred income decreased by 31%. Staff costs increased by 14% to £1,600,000, and director remuneration increased by 39% to £220,000. The company’s large size (meeting two of three criteria for a large company) suggests a stable operation, but the increase in borrowings and decrease in deferred income could indicate increased investment or a temporary cash flow challenge. The company is audited by Henderson Loggie LLP. It’s worth noting that the figures are unaudited. The increase in bank borrowings could be a sign of growth, but it’s something to keep an eye on.

Registered in Scotland under the registration number SC118425, with a registered address at DD2 3ED, Angus, Block 6 Kinnoull Street, Dundee.

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