Candor Services Limited

Candor Services Ltd from Derby, UK, is a small holding company with an active status, having been incorporated 44 years ago in 1981. The company employs nine people and holds assets totaling £502,194. It operates from a real address and is overseen by two directors and one owner, and runs an e-commerce site. The company irregularly imports miscellaneous manufactured goods, with its last import operation occurring one months ago in June 2022.

The company’s website showcases a wide range of commercial cleaning equipment, from vacuums and scrubbers to pressure washers and sanitiser sprayers, as well as janitorial chemicals and PPE. It also offers a selection of spare parts and accessories for various brands, including Numatic, Pacvac, and Bissell. The site emphasizes competitive pricing, fast delivery, and excellent customer support. It also offers trade accounts with exclusive discounts.

Financially, Candor Services Ltd shows a mixed picture. While current assets decreased by 3.4% to £500,000, net assets also fell by 8.9% to £140,000. Bank borrowings decreased by 28% to £61,000, and cash reserves dropped 36% to £74,000. Creditors decreased by 8.8% to £370,000, suggesting improved debt management. 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 it to be flexible, but the decrease in equity is something to keep an eye on. The company is exempt from an audit, so the numbers are unaudited.

The company's depreciation on motor vehicles increased by a substantial 79%, which could indicate investment in new equipment or a re-evaluation of asset values. The decrease in the number of employees, from nine to eight, could be a result of restructuring or seasonal fluctuations. Overall, Candor Services Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 01554504, with a registered address at DE21 4AL, England, Derby, Derbyshire, Unit 6 Coleman's Yard, Alfreton Road.

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