Caunton Engineering Limited

Caunton Engineering Ltd, based in Nottingham, UK, is a large, holding company with an active status, celebrating 55 years since its founding in 01969. Employing 244 people and boasting assets of £40,188,294, it’s a significant player in the UK’s structural steelwork sector. The company’s registered address, while seemingly virtual due to twelve companies sharing it, is located at Caunton House, Moorgreen Industrial Park. With eleven directors and a single owner, Caunton Engineering is managed by a sizable leadership team. Google users rate it 5.0 stars based on six reviews. It’s an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports.

The company’s website paints a picture of a comprehensive structural steelwork contractor. Caunton Engineering designs, fabricates, paints, and erects steelwork for a wide range of construction projects, from car parks and data centres to schools and hospitals. It’s clear that the company operates on a ‘JustInTime’ manufacturing model, and it’s a leading supplier to the construction industry. They showcase a diverse portfolio of projects, emphasizing their ability to handle both primary and secondary steelwork. The website also highlights their commitment to sustainability, with a carbon roadmap aiming for Net Zero by 2050.

Financially, Caunton Engineering Ltd’s recent report reveals some interesting trends. Cash bank and in hand increased by 16%, reaching £27,000,000, a positive sign of liquidity. However, net assets decreased by 5%, dropping to £24,000,000. Bank borrowings surged by 5400%, reaching £790,000, which could indicate increased investment or a need for short-term financing. Director remuneration, however, increased significantly by 370%, reaching £930,000, which may be linked to company performance or restructuring. The company’s turnover is estimated to be in the region of £100 million, and it fabricates in excess of 40,000 tonnes per annum. The report was audited by Azets Audit Services. Overall, Caunton Engineering Ltd appears to be a stable and well-established company, but the increase in borrowing and decrease in net assets warrants close monitoring.

Registered in England/Wales under the registration number 00968729, with a registered address at NG16 3SU, England, Nottingham, Nottinghamshire, Caunton House 2 Coombe Road, Moorgreen Industrial Park.

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