Yorkshire Gaskets Limited

Yorkshire Gaskets Ltd from Tenterden UK: a small, active company founded five years ago, holds £315,939 in assets, and operates from a real address. With four directors and two owners, it’s a relatively lean operation. The business regularly imports rubber and rubber products (15 months of activity, most recently in February 2025) but exports irregularly (just two months of activity, ending in June 2024). It operates in the manufacture of other rubber products industries.

The company’s website showcases a focus on quality gaskets and sealing solutions, catering to a wide range of industries, from automotive and aerospace to construction and oil & gas. It highlights its Atom Flashcut CNC machines, emphasizing precision and reliability. The site’s design is clean and professional, with clear product categories and a focus on customer service. It's clearly aiming to present a modern, technologically advanced image.

Financially, Yorkshire Gaskets Ltd presents a mixed picture. Current assets have increased by 65% to £320,000, which is good news. However, net losses deepened to -£23,000, and cash reserves plummeted 73% to just £10,000. Trade debtors have increased significantly, by 79%, suggesting potential issues with customer payments. Creditors have also risen by 23%, indicating increased reliance on short-term financing. The company meets two of three criteria for being a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The sharp decline in cash reserves is a cause for concern, and the increase in trade debtors suggests a need to improve collection processes. While the company’s assets have grown, the increased debt and losses indicate that it’s burning through money. The directors list was changed five months ago, which could be a sign of restructuring or a new focus. It’s a bit of a tricky situation, but the company’s focus on quality and its Atom Flashcut technology could help it weather the storm.

Registered in England/Wales under the registration number 12462257, with a registered address at TN30 6QL, England, Tenterden, New Leaf, 12 Turners Avenue.

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