Castle Computers Europe Ltd

Castle Computers Europe Ltd, based in Reading, UK, is a small, active company founded fifteen years ago. With three employees and £188,143 in assets, it's a modest operation run by two directors and two owners. The company regularly imports and exports electrical machinery and equipment, having done so for 109 and 84 months respectively.

Castle Computers operates as an IT services provider, offering solutions like cloud services, cyber security, and telecommunications. Their website showcases a focus on being a small, tightly-knit team providing personalized service, contrasting with larger corporate IT firms. They even offer a fully equipped 3CX system trial and provide advice on avoiding scams and understanding VOIP technology. The company’s website also mentions a digital phone system, and warns about the end of traditional landlines by December 2025.

Financially, Castle Computers presents a mixed picture. Current assets have significantly decreased by 59%, dropping to £190,000, while net assets have fallen by 38% to £230,000. Cash bank has also declined by 33%, settling at £56,000. Trade debtors have plummeted by 72%, suggesting a potential issue with collecting payments. However, creditors have decreased by a substantial 64%, indicating improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

The company’s regular import and export activity suggests a stable business model, but the financial data reveals a period of contraction. It's possible that the company is reinvesting in its services or facing increased competition. The lack of employees reported could also mean the directors are working long hours to keep the business running.

Registered in England/Wales under the registration number 07180312, with a registered address at RG2 0LU, Reading, Berkshire, 6 Arkwright Road.

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