Cathodic Protection Engineering Limited

Cathodic Protection Engineering Limited, based in Birmingham, UK, is a small, active company founded twelve years ago. With three employees and £686,317 in assets, it operates from a real address and is led by a solo founder and one director. The company boasts a perfect 5.0 Google rating based on 17 reviews, indicating strong customer satisfaction. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity occurring just two months ago.

The company's website, cathodic.co.uk, reveals a much larger operation than its size suggests. Cathodic Protection Co. Ltd. (CPCL) specializes in providing complete cathodic protection and marine antifouling solutions, operating across six continents and boasting a 70-year history. From protecting the Thames Barrier to the Louvre Museum, CPCL has undertaken complex projects globally. The website highlights a full suite of services, including consultancy, design, manufacture, and aftersales support, catering to industries like gas pipelines, marine structures, and storage facilities. It also features a detailed FAQ section explaining cathodic protection and its various applications.

Financially, Cathodic Protection Engineering Limited shows some interesting trends. While average employee numbers increased by 33% to four, cash bank holdings declined by 12% to £260,000. Current assets grew significantly by 62% to £690,000, but net assets also increased by 57% to £700,000. Trade debtors surged by a staggering 250%, which might suggest a shift towards extended payment terms or potential difficulties in collecting payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in directors’ advances—from £28,000 to £310,000—and a decrease in the amount repaid—from £150,000 to £45,000—raises questions about its funding sources. As a small company, it’s exempt from an audit, so the financial data is unaudited.

Overall, Cathodic Protection Engineering Limited appears to be a stable, albeit small, operation within a larger, well-established organization. The company’s focus on specialized engineering services and its strong reputation, as reflected in its Google rating, suggests a promising future, though the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 08397655, with a registered address at B47 6JX, Birmingham, Chapel Green Farm Chapel Lane, Wythall.

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