Vulcan Industries Disposes Stocks in Aftech Limited Following Tough Trading Year
Vulcan Industries, a recognised player in the industrial sector, is making the headlines as they have disposed of their entire share capital in Aftech Limited. Specializing in sheet metal fabrication with focus on laser cutting, bending and forming, Aftech found themselves in a murky patch during the second half of the trading year ending 31st March 2025. A consequent review of Aftech’s working capital requirements to bring the company back into profit revealed that such a move may instead lead to continued cash outflows. In an attempt to mitigate these potential losses, Vulcan Industries has disposed of the business.
The unfolding events leave Vulcan’s remaining investment asset as the Lincoln Battery Energy Storage project, which is currently making progress with its planning application. This shift of interests is taking place against the backdrop of ongoing discussions with Vulcan’s secured creditors, who have principal obligations due in both April and June 2025. The outcome of these deliberations will determine when the company can publish its results for the year ending 2024 and the 2024 6-month interim accounts. For now, Vulcan is strategically positioning itself to galvanise its profitability chances by homeostatically keeping its capital flows in check.
- •Disposal and Company Update investegate.co.uk31-03-2025