Cascade Water Systems Limited

Cascade Water Systems Ltd, based in Reading, UK, is a small holding company with an active status, having been founded 28 years ago. The company employs 29 people and holds £458,351 in assets, operating from a virtual address. It’s managed by two directors and has one owner, and boasts a respectable Google rating of 4.0 based on nine reviews. Cascade Water Systems is a regular importer, specializing in machinery, boilers, and mechanical appliances, with seven months of import activity recorded, the latest in July 2023.

The company operates in the water collection, treatment, and supply industries. Its website is not available, making it difficult to determine the exact nature of its online presence and whether it functions as an e-commerce platform.

Financially, Cascade Water Systems Ltd presents a mixed picture. While current assets increased by 38% to £460,000, net assets only rose by 5.6% to £150,000. Bank borrowings surged by 2,400%, reaching £110,000, and cash reserves fell 32% to £86,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp increase in borrowings raises questions. The average number of employees has decreased by 24%, which could be due to restructuring or seasonal factors. The company is exempt from an audit, so the figures rely on unaudited statements.

Registered in England/Wales under the registration number 03321518, with a registered address at RG1 3BD, England, Reading, Berkshire, Fourth Floor Abbots House, Abbey Street.

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