Capital Machinery Services Limited

Capital Machinery Services Ltd, based in Newry, UK, is a small, family-run business with an active status. Founded ten years ago in 2015, the company employs just three people and holds £110,265 in assets. It operates from a real address and is managed by two directors and owners. The company’s e-commerce site focuses on sheet metal machinery servicing and sales, providing rapid response breakdown cover, machine sales, tooling, and parts. It has a Google rating of 3.0 based on two reviews. They are a regular importer of machinery, boilers, and mechanical appliances, with five months of import activity recorded, the last in December 2023.

The company's website highlights its position as "Irelands premier choice" for sheet metal service and sales, boasting decades of experience and a large supplier network. Services offered include breakdown cover, machine sales, tooling sales, parts sales, service plans, machine relocation, independent consultation, and comprehensive training. Testimonials emphasize the company's knowledge and responsiveness, particularly from Eurofab Technologies Ltd. The website also includes a blog with helpful information for sheet metal industry professionals.

Financially, Capital Machinery Services Ltd shows a mixed picture. Current assets decreased by 39% to £110,000, while net assets also fell by 2.5% to £140,000. Bank borrowings decreased by 24% to £28,000, and cash reserves dropped by 39% to £49,000. Trade debtors decreased significantly by 54%, which could indicate improved collection efforts. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. There's no auditor mentioned, likely due to its small size and exemption from an audit.

The sharp decline in cash reserves and the decrease in assets are concerning, suggesting the company may be burning through money. However, the decrease in trade debtors is a positive sign. The company's focus on customer service and its niche expertise in sheet metal machinery could help it weather these challenges, but it's important to monitor its financial performance closely.

Registered in Northern Ireland under the registration number NI629706, with a registered address at BT34 2ST, Northern Ireland, Newry, County Down, 18 Cairn Hill.

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