C C S Technology Limited

C C S Technology Limited, based in Coventry, UK, is a small, active company established 36 years ago in 1989. With 27 employees and £1,400,758 in assets, it operates from a real address and is overseen by five directors and one owner. The company is an irregular importer of electrical machinery and equipment, with just one month of import activity recorded, but a regular exporter, boasting 17 months of export activity. It’s a little bit unclear how the import and export activities are related.

C C S Technology Limited positions itself as a “Digital Acceleration Partner” offering a wide range of services including enterprise digital acceleration, digital core, modern workplace solutions, and automation. The website details offerings for various sectors like retail, engineering, media, and enterprise, emphasizing bespoke digital solutions and cloudification. It seems they are helping other companies become more digitally advanced. They’ve got a lot of development centers and skilled engineers.

Financially, C C S Technology Limited’s report shows some interesting trends. Current assets increased by a solid 24% to £1,400,000, while net assets grew by 2%, reaching £600,000. Bank borrowings decreased significantly, falling 34% to £96,000, and cash reserves dropped 26% to £47,000. Trade debtors also increased by 26%, suggesting a possible increase in sales on credit. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is typical for small companies.

The decrease in property, plant, and equipment, especially motor vehicles, is noticeable, with a 67% drop. It’s possible this reflects a shift in strategy or the disposal of older assets. The company’s reliance on skilled engineers, as highlighted on their website, suggests a focus on service delivery rather than large-scale manufacturing. It’s a little bit unclear how the company is managing its debts, but the decrease in bank borrowings is a positive sign.

Registered in England/Wales under the registration number 02356050, with a registered address at CV8 3HG, Coventry, Warwickshire, School Street, Wolston.

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