Caudwell Properties (109) Ltd

Caudwell Properties (109) Ltd, based in Stafford, UK, is a large holding company with an active status, established thirteen years ago in June 2011. Boasting assets of £434,413,335, the company operates from a virtual address, a detail worth noting as eighteen companies are registered at the same location. Led by two directors and overseen by one owner, Caudwell Properties maintains a stellar 5.0 Google rating based on a single review. The company regularly imports furniture, lighting, and prefabricated buildings, with the last import operation occurring in December 2023.

The company’s core business revolves around the other letting and operating of own or leased real estate. While its website is minimal, it's clear that Caudwell Properties is involved in property development. It’s a significant player, meeting the criteria for a large company – turnover exceeding £36 million, balance sheet total surpassing £18 million, and employing more than 250 people.

Financially, Caudwell Properties presents a mixed picture. While current assets have increased by 12% to £430 million, net current assets liabilities remain a concern at -£36 million. Bank borrowings have seen a significant surge of 2,400%, reaching £29,000, while cash reserves have decreased by 37% to £1.1 million. Creditors have also risen by 12% to £470 million. Operating profit loss improved slightly, decreasing by 17% to -£3.3 million. Interestingly, other interest receivable and similar income finance income increased dramatically by 660%. The company’s financial statements are audited by DJH Mitten Clarke Audit Limited, and the accounts were prepared in accordance with FRS 102. The directors acknowledge their responsibilities under the Companies Act, and the accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Despite the net current liability position at the balance sheet date, the directors are satisfied that the company has sufficient cash flows to meet its liabilities as they fall due for a period of at least one year, dependent on the ultimate controlling party and group companies not seeking repayment of the amounts due to them.

Registered in England/Wales under the registration number 07672987, with a registered address at ST21 6NS, England, Stafford, Coach House Broughton Hall Broughton, Eccleshall.

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