Castle Technologies (stranraer) Limited

Castle Technologies Stranraer Ltd from Stranraer, UK, is a small, active company founded 15 years ago. With 16 employees and £44,650 in assets, it's a family business with three directors and two owners. It’s an irregular importer of electrical machinery and equipment, with its last import operation occurring over two years ago.

The company operates as a specialist in PCB fabrication and assembly, offering services to clients throughout the UK and abroad. Their website highlights a fast prototyping service and even offers ICELED digital light sources. They cater to businesses needing full turnkey solutions or simply seeking to supplement their manufacturing capabilities, emphasizing quick response times—sometimes as short as 24 hours. They also provide GDPR information, a sign of their commitment to data privacy.

Financially, Castle Technologies Stranraer Ltd presents a mixed picture. Current assets have fallen by 27% to £45,000, while net assets have plummeted 68% to just £21,000. Bank borrowings have increased significantly by 310%, reaching £38,000, and cash reserves have vanished, dropping 100% to just £24. Creditors have decreased by 42%, suggesting improved debt management. The company's small size (meeting two of three conditions for a small company) helps it remain flexible, but the sharp decline in equity raises concerns. The accounts are unaudited, as is common for small companies, and no auditor is mentioned.

Overall, Castle Technologies Stranraer Ltd seems to be facing some financial headwinds, despite its customer-focused approach and specialized services. The company’s ability to navigate these challenges will depend on its continued ability to secure contracts and manage its expenses effectively.

Registered in Scotland under the registration number SC377099, with a registered address at DG9 8PG, Stranraer, Wigtownshire, Oakfield, Dunragit.

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