Cambridge Cryptographic Ltd

Cambridge Cryptographic Ltd, based in Halesowen, UK, is a small, active company founded seven years ago. With two employees and £127,397 in assets, it operates from a virtual address shared by fifty-two other companies, raising some questions. The company is managed by two directors and two owners, though the list of owners changed four years ago and isn's exhaustive. It’s an irregular importer, bringing in miscellaneous manufactured goods, with just one month of import activity recorded as of January 2021. The company provides management consultancy services, specifically excluding financial management.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform or focuses solely on business-to-business consulting.

Financially, Cambridge Cryptographic Ltd presents a mixed picture. Accumulated depreciation on computer equipment increased by 55%, and on plant machinery by 52%, suggesting investment in infrastructure. However, specific advances from directors dropped significantly, by 88%, and repayments increased by 61%, indicating a change in funding arrangements. Cash reserves saw a healthy increase of 54%, to £110,000, which is good news. On the downside, creditors rose dramatically, by 1400%, to £140,000, and debtors decreased by 37%, suggesting potential issues with collecting payments. Equity has completely vanished, dropping 100% to zero. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, so the figures are unaudited.

The company's financial situation seems to be in flux, with some positive trends offset by concerning increases in liabilities. Whether these changes represent growing pains or a more fundamental challenge remains to be seen.

Registered in England/Wales under the registration number 11368986, with a registered address at B63 3TT, England, Halesowen, West Midlands, Church Court, Stourbridge Road.

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