Castle Composites Limited

Castle Composites Ltd, based in Lanark, UK, is a small holding company with an active status, celebrating 27 years in operation. Employing 20 people and holding assets of £1,938,797, the company maintains a real address and is managed by two directors and a single owner. Google reviews are stellar, boasting a 5.0 rating from 22 reviews. The company is a regular importer of rubber and rubber products (73 months), but an irregular exporter of stone, plaster, cement, and similar materials (1 month).

The company’s website showcases a range of paving solutions, including GRC promenade tiles, porcelain paving, rubber balcony tiles, and composite decking. It caters to both residential and commercial projects, with a focus on fire-rated and sustainable materials. The site highlights its UK manufacturing, distribution network, and commitment to innovation. It appears to be primarily a B2B operation, supplying materials to contractors and distributors rather than directly to consumers. There's no obvious e-commerce functionality; instead, the website serves as a catalog and information hub.

Financially, Castle Composites Ltd presents a mixed picture. While cash reserves increased by 21% to £730,000, net assets also rose by 13% to £1,900,000. However, trade debtors have significantly increased by 71%, reaching £440,000—suggesting potential difficulties in collecting payments. Creditors also rose by 22%, to £810,000, and bank borrowings decreased by 50%, to £10,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debtors warrants attention. The accounts are unaudited, as is typical for small companies.

Overall, Castle Composites Ltd appears to be a stable, albeit somewhat cash-flow dependent, business. The company's focus on specialized paving materials and strong Google rating suggests a solid market position, but the increase in outstanding debts should be monitored closely.

Registered in Scotland under the registration number SC183744, with a registered address at ML11 7SF, Lanark, Unit 1 Nisbet Way, Ravenstruther.

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