Carbonomics Limited

Carbonomics Ltd, based in Sheffield, UK, is a small, active company established 26 years ago. With 44 employees and £2,835,494 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports iron and steel (55 months) and exports basic metal tools and utensils (317 months).

The company's website highlights its expertise in crafting bespoke machine knives for a wide range of industries, including food processing and packaging. It partners with major OEM's and end users worldwide, offering precision-ground blades manufactured in Sheffield. The site details a comprehensive range of products, from hand-crafted knives to those designed for multihead tray sealers, showcasing a vast database of over 51,000 designs. The company also has a presence in the US, with sales offices and a small manufacturing facility in Gilroy, California.

Financially, Carbonomics Ltd presents a concerning picture. Current assets have dramatically fallen by 53%, dropping to £2.2 million, while net assets have plummeted 41% to £4.7 million. Cash reserves have also taken a hit, decreasing by 44% to £1.3 million. Trade debtors have shrunk by 61%, while bank borrowings have risen significantly. 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 for agility, but the substantial decline in equity and cash raises questions about its financial health. The company’s losses deepened significantly, increasing by 400% to -£2.9 million. There is no auditor mentioned, likely due to its status as a small company.

The significant decrease in assets and cash reserves suggests that Carbonomics Ltd may be burning through money faster than it’s generating revenue. The company's focus on high-quality, bespoke products and its global reach are strengths, but the current financial trends require close attention.

Registered in England/Wales under the registration number 03753779, with a registered address at S26 2BS, Sheffield, South Yorkshire, Lynx House, Mansfield Road.

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