Unilathe Limited

Unilathe Limited, based in Stoke-on-Trent, UK, is a substantial company with a rich history, having operated for 47 years. As a holding company with an active status, it employs 108 people and boasts assets totaling £5,895,873. The company, managed by six directors and owned by Unilathe Holdings Ltd, has a stellar 5.0 Google rating based on 22 reviews. Unilathe is a regular importer of machinery, boilers, and mechanical appliances, with 25 months of import activity recorded.

The company’s website highlights its mission to be a leading supplier of high-integrity engineered products and services to global markets. Unilathe offers a comprehensive engineering service, from micro-project management to supplying complete components and assemblies, and even subcontract machining. The website also showcases its commitment to engineering excellence, complex metals machining, safety, and quality. It’s clear that Unilathe operates within the machining industries, and has a strong focus on customer relationships.

Financially, Unilathe’s report paints a mixed picture. While cash and cash equivalents increased by a healthy 27%, reaching £360,000, other areas show signs of pressure. Net assets grew by 17%, reaching £6.9 million, but bank borrowings decreased by 31%, dropping to £970,000. Creditors increased by 12%, reaching £4.7 million, and net losses deepened to £1.5 million. The company’s employee numbers increased by 9.3% to 120, suggesting a growing workforce, but it’s worth noting that deferred tax expense credit plummeted by 90%, which could indicate a change in accounting practices. The accounts were audited by BK Plus Audit Limited.

Overall, Unilathe appears to be a well-established company with a strong reputation, but the financial report suggests it’s navigating some challenges. The company’s ability to maintain its engineering focus and customer relationships will be crucial for its future success.

Registered in England/Wales under the registration number 01331504, with a registered address at ST6 1NG, Stoke On Trent, Staffordshire, Ford Green Business Park, Ford Green Road Smallthorne.

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