Cast Iron Uk Limited

Cast Iron Uk Limited, based in Halifax, UK, is a small, active company founded four years ago. With two employees and £242,179 in assets, it operates from a virtual address, a detail flagged by the registration of 320 other companies at the same location. The company is led by two directors and two owners, and boasts a perfect 5.0 Google rating based on five reviews, indicating a strong customer satisfaction. It runs an e-commerce site and specializes in retail sales via mail order and the internet.

The company’s website showcases a range of cast iron products, likely catering to home improvement and garden enthusiasts. While specific product details are scarce, the branding suggests a focus on quality and traditional craftsmanship. The company’s online presence highlights its commitment to customer service and efficient online ordering.

Financially, Cast Iron Uk Limited presents a mixed picture. Cash reserves have increased significantly by 120%, reaching £150,000, a positive sign of improved liquidity. However, net current assets and liabilities have also increased substantially by 540%, reaching £130,000—a considerable jump that warrants closer scrutiny. Creditors have decreased by 46%, which is a good sign, suggesting better management of short-term debt. Trade debtors have also decreased by 87%, which is a positive trend. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for agility, but the increase in net assets to £160,000 suggests a period of reinvestment or growth. As a small company, it’s likely exempt from a formal audit, so the figures are unaudited.

The increase in liabilities could be due to increased stock purchases to meet growing demand, or perhaps investment in marketing efforts. It’s possible that the company is experiencing a period of rapid expansion, which is often accompanied by increased spending. The lack of an auditor mentioned means the numbers rely on internal reporting.

Registered in England/Wales under the registration number 13311143, with a registered address at HX3 6AS, United Kingdom, Halifax, West Yorkshire, Horley Green House Horley Green Road, Claremount.

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