Carmichael Components Limited

Carmichael Components Ltd from Middlesex UK: a small company with an active status, has been operating for 39 years. Founded in 39 years ago, it employs nine people and holds assets totaling £1,082,186. The company, with a real address and managed by a single director and owner (a solo founder), regularly imports electrical machinery and equipment (10 months imported), but exports machinery, boilers, and mechanical appliances irregularly (1 month exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Carmichael Components Ltd operates in the retail trade of motor vehicle parts and accessories. While no website is available for direct analysis, the company's registration details suggest a focus on supplying parts and accessories, likely to trade customers or potentially directly to consumers. The absence of an online presence could indicate a business model relying on wholesale distribution or a more traditional sales approach.

Financially, Carmichael Components Ltd demonstrates a mixed picture. Current assets have increased by a solid 24%, reaching £1,100,000, while net assets have jumped a remarkable 38%, now standing at £650,000. Cash reserves have also grown significantly, increasing by 38% to £600,000. However, bank borrowings have risen, increasing by 20,000 GBP, and trade debtors have increased by 22%. Despite these challenges, the company's equity has grown substantially, increasing by 39%. The company is exempt from an audit as a small company.

Overall, Carmichael Components Ltd appears to be in a reasonably healthy position, with growing assets and equity. The increase in bank borrowings and trade debtors suggests a need for careful cash flow management, but the company's growth in assets and equity indicates a positive trajectory.

Registered in England/Wales under the registration number 01941028, with a registered address at UB3 1ET, Middlesex, 4 Rigby Lane, Hayes.

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