C. Toms And Son Limited

C. Toms And Son Limited, based in Polruan, Cornwall, UK, is a small, family-run holding company with an active status. Established 84 years ago in 1941, the company employs 37 people and holds £1,796,477 in assets. It operates from a real address and is overseen by three directors and one owner, boasting a stellar 5.0 Google rating from eight reviews. The company is a regular importer of iron or steel products, with 10 months of import activity recorded.

The company's website highlights a diverse range of services, including boatyard construction and repairs, passenger and car ferry operations across the River Fowey, and even a Polruan Ferry. It’s clear the business is deeply rooted in the local community, providing essential transport links and supporting the maritime industry. The website gives a good impression of a well-established, traditional business.

Financially, C. Toms And Son Limited shows some concerning trends. While current assets increased slightly to £1,800,000, cash reserves plummeted by 21% to £250,000. Trade debtors increased by 14% to £1,400,000, which could indicate difficulties in collecting payments. On a more positive note, creditors decreased significantly by 66%, suggesting improved debt management. Net assets, however, increased by a substantial 91% to £2,900,000, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in cash reserves warrants attention. As a small company, it’s exempt from an audit, so the financial data relies on unaudited reports.

Overall, C. Toms And Son Limited appears to be a well-established business with a strong local presence, but the recent financial trends suggest it's facing some challenges. The company’s ability to maintain its ferry services and boatyard operations will depend on its ability to manage its cash flow and collect payments effectively.

Registered in England/Wales under the registration number 00366970, with a registered address at PL23 1PB, Fowey, Cornwall, Toms Yard East Street, Polruan.

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