Almec Fencing Limited

Almec Fencing Ltd from Stoke On Trent UK: a small holding company with an active status, has been operating for 34 years. With 12 employees and £581,454 in assets, it’s a well-established business holding a stellar 5.0 Google rating from 141 reviews. It’s a real address with five directors and one owner. The company imports wood and wood products irregularly, with the last import occurring two months ago.

The company’s website showcases a wide range of fencing solutions, from domestic panels to industrial crash barriers and even specialist MUGA courts. It operates as a manufacturer, supplier, and installer, catering to both commercial and residential clients. The website clearly aims to drive sales through detailed product descriptions, a straightforward ordering process, and a focus on competitive pricing. It's a full e-commerce site with clear categories and search functionality.

Financially, Almec Fencing Ltd has seen some concerning trends. Current assets have decreased by a significant 49%, dropping to £580,000, while net assets have plummeted 51% to £650,000. Cash bank on hand has also fallen considerably, down 56% to £350,000. Trade debtors have decreased by 22%, which could be a positive sign of improved collections, but the sharp decline in equity is a cause for concern. Property, plant, and equipment has also decreased by 46%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the declining equity suggests it might be burning through cash. With no auditor mentioned, the financial statements are unaudited.

The company’s workforce has also decreased by 17%, with only ten employees reported. This, combined with the declining cash reserves, could indicate a period of cost-cutting or restructuring. It’s possible the company is facing increased competition or experiencing challenges in its supply chain, though the irregular import activity suggests it’s managing its inventory effectively.

Registered in England/Wales under the registration number 02586142, with a registered address at RG1 1AX, England, Reading, Berkshire, C/O James Cowper Kreston 3rd Floor, Apex, Forbury Road.

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.