Cbm-logix Ltd

Cbm Logix Ltd, based in Corby, UK, is a small, active company established twenty years ago in 2004. Employing ten people, it holds assets valued at £269,871 and operates from a real address within a business park. The company is a family business with three directors and two owners, and it’s been noted that the owner list changed four months ago—a good sign. It’s an irregular importer, primarily dealing with iron or steel products, with its last import operation occurring in January 2024.

The company’s website highlights its expertise in automation, integration, and robotics, offering a range of services including software development, consultation, and bespoke tooling for robotic systems. They cater to businesses seeking to streamline operations and increase productivity, providing solutions from system integration to robot cell design. The website showcases a diverse portfolio, including high-end piano restoration—a surprising and prestigious venture alongside its core automation services.

Financially, Cbm Logix Ltd presents a mixed picture. While current assets increased slightly to £270,000, net assets significantly decreased by 29%, dropping to £130,000. Bank borrowings increased by a substantial 44%, reaching £12,000, and cash reserves declined by a concerning 64%, leaving just £75,000. Creditors also rose considerably, increasing by 370%. Despite this, the company’s small size—meeting two of three conditions for a small company—allows for agility. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

Overall, Cbm Logix Ltd appears to be navigating a period of financial adjustment. The diversification into piano restoration is an interesting development, but the company will need to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 05285089, with a registered address at NN18 9EZ, Corby, Northants, Oakley House, Headway Business Park.

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