Carbide (uk) Limited

Carbide Uk Ltd from Hessle UK: a small, active company founded eight years ago, employs seven people, and holds £393,996 in assets. It’s a family business with three directors and two owners, operating from a real address in Hessle, East Yorkshire. The company is a regular importer, specializing in basic metal tools and utensils, with recent import activity recorded five months ago.

Carbide Uk Ltd's core business revolves around the wholesale of machine tools and the repair of fabricated metal products. Its website, Carbide Online, positions the company as a leading tool specialist, offering a range of products including router cutters, groovers, planer blades, and PCD tooling. It also manufactures bespoke tool equipment based on customer designs and specifications. The site showcases a selection of best-selling products and special offers, catering to both individual and industrial customers. The site also has a section for authorised dealers.

Financially, Carbide Uk Ltd presents a mixed picture. Current assets have decreased by 24%, dropping to £390,000, while net assets have also declined by 13%, settling at £63,000. Bank borrowings have decreased significantly, falling by 72%, to £3,600. However, creditors have decreased by 26%, to £340,000, suggesting improved debt management. The company’s small size (meeting two of three conditions for being classified as small) helps it remain agile. The increase in average employees reported, from seven to ten, could indicate expanding operations or increased workload, though it also raises questions about profitability. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 10440807, with a registered address at HU5 4HF, United Kingdom, Hull, Rotary House, Bontoft Avenue.

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