Canmore Pipe Bags Limited

Canmore Pipe Bags Ltd from Whitburn UK is a small, family-run business with an active status, founded fifteen years ago. Employing just four people, the company holds £245,654 in assets and operates from a real address in West Lothian. Two directors and two owners—Smith Elaine and Smith Iain—lead the operation. It’s a regular importer of miscellaneous manufactured goods, having imported for five months, and a regular exporter of musical instruments and parts, with twenty-seven months of export activity.

The company's website, Canmore Pipe Bags, showcases its core business: manufacturing and selling synthetic pipe bags, a vital component for bagpipe players. The site highlights its innovative Gore-Tex fabric bags, designed for comfort and breathability, and features testimonials from renowned pipers. It also appears to be selling high-end piano restoration services through its associated website, 1066 Pianos.

Financially, Canmore Pipe Bags Ltd presents a mixed picture. Cash reserves have increased dramatically, up 180% to £140,000, which is a positive sign. However, net assets liabilities have also increased, up 120% to £80,000. Creditors have increased by 9.8% to £340,000, and trade debtors have decreased by 28%, which could indicate difficulties in collecting payments. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The unaudited accounts, prepared by Glen Drummond Ltd, don’t mention an auditor. The significant increase in taxation social security payable, up 4,700% to £24,000, is worth noting, though its cause isn’s clear. Overall, Canmore Pipe Bags Ltd appears to be growing, but it’s important to keep an eye on its debt levels.

Registered in Scotland under the registration number SC362533, with a registered address at EH47 0QQ, Scotland, Whitburn, West Lothian, 159a West Main Street.

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