C6 Works Ltd

C6 Works Ltd is a small, active holding company based in London, UK, founded six years ago in 2018. Employing just three people, the company holds £152,921 in assets and operates from a real address in Canary Wharf. With three directors and two owners, C6 Works Ltd is involved in the irregular import of stone, plaster, cement, and similar materials, and the irregular export of iron or steel products.

The company’s website highlights its focus on transforming spaces into experiences through temporary structures. C6 Works provides services including stage construction, engineered structures, and bespoke designs for events, festivals, concerts, sports events, film and TV productions, exhibitions, corporate events, and art and theatre. It emphasizes precision know-how and collaboration, offering design, build, and delivery solutions. The site also features a newsletter signup and links to social media platforms.

Financially, C6 Works Ltd’s performance presents a mixed picture. While net assets increased by 36% to £750,000, several key metrics have declined. Current assets dropped by 36% to £150,000, and cash reserves plummeted 66% to £29,000. Bank borrowings, however, surged by a staggering 1,100% to £12,000. Creditors decreased by 19%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size.

The sharp decline in cash reserves and the increase in bank borrowings suggest the company may be burning through money, despite the growth in net assets. The surge in bank borrowings could be a sign of increased investment in projects or a need to cover short-term expenses. The company's irregular import and export activities, with just one month of activity recorded in each category, indicate a project-based business model.

Registered in England/Wales under the registration number 11570271, with a registered address at E14 5GX, England, London, 30 Water Street, Canary Wharf.

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