Allbro Enclosures Ltd

Allbro Enclosures Ltd, based in Sunderland, UK, is a small holding company with an active status, founded four years ago in 2021. With just two employees and £16,938 in assets, it operates from a virtual address shared by seventeen other companies, raising some questions. The company is led by four directors and owned by Vero Distribution Ltd and Allan Ryan Justin. It’s an irregular importer, specializing in electrical machinery and equipment, with its last import activity recorded just one month ago in October 2024.

The company’s website reveals a focus on manufacturing and supplying enclosures for electrical equipment, including distribution boards, camera enclosures, and junction boxes. It caters to various industries, including solar, mining, telecommunications, and residential power generation. Allbro UK boasts a South African parent company with over 800 employees and a 22,000 sq. m production facility, highlighting a significant global operation. The website also features a dedicated section for “Off the scale durability,” emphasizing the quality and longevity of its products. They’re clearly targeting a B2B market, offering downloadable catalogues and technical documents.

Financially, Allbro Enclosures Ltd presents a mixed picture. While cash bank on hand increased dramatically, jumping 3,800% to £3,900, net current assets liabilities deepened to -£22,000 – a significant increase from -£6,000. Creditors also rose considerably, up 130% to £39,000. Trade debtors saw a modest increase of 18%, suggesting a slight tightening of credit terms. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the substantial decline in equity raises concerns about its financial health. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

Overall, Allbro Enclosures Ltd appears to be navigating a challenging financial landscape. While its parent company’s scale and its product range suggest potential, the company’s current financial performance warrants close monitoring.

Registered in England/Wales under the registration number 13185636, with a registered address at SR1 3AW, England, Sunderland, The Yard Suite 2.2, Gill Bridge Avenue.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.