Capricorn Coating Services Limited

Capricorn Coating Services Ltd, based in Birmingham, UK, is a small, active company founded 23 years ago. With 12 employees and £179,674 in assets, it operates from a virtual address—a fact highlighted by the presence of eleven other companies registered at the same location. The company is run by two directors and one owner, and currently holds a perfect 5.0 Google rating based on four reviews. It’s a regular importer of plastics and plastic products, with nine months of import activity recorded, the latest in September 2024.

The company's website reveals a specialized business: providing doming and cold enamelling services. It caters to a range of industries, from product manufacturers to retailers, offering 3D domed labelling solutions and cold enamelling for added vibrance. The site emphasizes quality, collaboration, and a team with over 30 years of experience, led by Chris Bingley. It even mentions Fracino, a returning customer, praising Capricorn’s consistent meeting of expectations and timely delivery.

Financially, Capricorn Coating Services Ltd shows some concerning trends. Accumulated depreciation for property, plant, and equipment increased by 37%, while cash bank on hand decreased by 7%. Creditors rose by 8.2%, and trade debtors fell by 23%. Net assets also declined by 13% to £110,000. The company meets two of three criteria to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—which allows it to avoid certain reporting requirements. There's no auditor mentioned, so the financial statements are unaudited.

Despite the mixed financial signals, Capricorn Coating Services Ltd appears to be a specialist provider with a loyal customer base. The company's focus on quality and collaboration, combined with its experience, could help it weather the current challenges—though the decline in assets warrants close monitoring.

Registered in England/Wales under the registration number 04435620, with a registered address at B24 9ND, Birmingham, Old Bank Chambers 582-586 Kingsbury Road, Erdington.

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