Washington Mills Electro Minerals Limited

Washington Mills Electro Minerals Ltd, based in Manchester, UK, is a large, holding company with an active status. Established 45 years ago in 1979, the company employs 22 people and boasts substantial assets of £13,054,435, generating an annual revenue of £20,413,453. With four directors and one owner, it maintains a perfect 5.0 Google rating based on three reviews. The company regularly imports and exports inorganic chemicals, with 201 months of import activity and 119 months of export activity recorded.

The company’s website reveals a diverse range of fused minerals and related services. Washington Mills manufactures abrasive grains, powders, and surface treatments, catering to industries like abrasive products, refractory materials, and ceramics. It’s a significant player in the market, being the only producer of Brown Fused Alumina, White Fused Alumina, Silicon Carbide, and Boron Carbide crude ore in North America. The website highlights its expertise in silicon carbide manufacturing, electric arc fusion, and customized grain and powders. It also offers laboratory services, product development, and spent aluminum oxide grain recycling.

Financially, Washington Mills Electro Minerals Ltd presents a mixed picture. While the company’s current assets increased by 12%, to £13,000,000, the net assets decreased by 12%, to £13,000,000. Bank borrowings decreased by 10%, to £2,200,000, and cash reserves increased by 20%, to £2,400,000. Creditors decreased by 5%, to £3,300,000. The company’s large size—meeting two of three conditions for a large company—suggests a stable business model, but the decrease in net assets could be a cause for concern. The company’s auditors, Moss & Williamson Limited, have not reported any issues. The company’s continued import and export activity, combined with its strong Google rating, indicates a resilient operation.

Registered in England/Wales under the registration number 01436144, with a registered address at M17 1NR, England, Manchester, 64 Mosley Road, Trafford Park.

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