Castlet Limited

Castlet Ltd from Lincolnshire UK is a small, active company founded 26 years ago. With 29 employees and £3,580,917 in assets, it operates from a real address and is overseen by two directors, though there are no listed owners. The company regularly imports and exports electrical machinery and equipment – 48 months of import activity and 215 months of export activity, with the latest operations occurring in January and February 2025 respectively.

The company’s website, Castlet Solutions, paints a picture of a specialist engineering firm. They offer expertise in electrostatic precipitators (ESPs), power control, and aerospace solutions, providing services like commissioning, optimisation, and even environmental chamber testing. They seem to focus on bespoke industrial control solutions and electro-mechanical design, targeting sectors like defence and aerospace. The site highlights a global network of partners and emphasizes a team of experts delivering results for clients worldwide. It's clear they’re not an e-commerce operation; instead, they provide consultancy, design, manufacturing, installation, and maintenance services.

Financially, Castlet Ltd’s recent performance presents a mixed bag. Cash bank on hand has dropped significantly by 50% to £1.1 million, while trade debtors have doubled to £2 million. There’s been a considerable increase in amounts owed by group undertakings, rising 90% to £350,000. On the positive side, creditors have decreased slightly by 3.1% to £630,000, and other creditors have fallen by 33% to £23,000. The company’s small size – meeting two of three conditions for being classified as small – allows for agility, but the decline in cash reserves and the increase in trade debtors could indicate a need for careful financial management. No auditor is mentioned, which is likely due to the company's status as a small entity. The decrease in property, plant, and equipment by 28% to £360,000 is a notable trend, though the reasons behind it are unclear.

Registered in England/Wales under the registration number 03729745, with a registered address at LN3 4NR, Lincolnshire, 14 Crofton Drive, Lincoln.

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