Cecence Limited

Cecence Ltd from London UK: small company, active status, founded 11 years ago, 3 employees, £56,777 assets, virtual address, 4 directors, no owners, google rating 5.0 based on 5 reviews. Irregular importer of fertilizers (1 months imported). Cecence is a small, active company based in London, founded eleven years ago in 2014. It employs just three people and holds £56,777 in assets. The company’s registered address is a virtual one, shared by eighty-six other businesses, which is a bit unusual. It’s run by four directors, but there are no listed owners. Google reviews are stellar, boasting a perfect 5.0 rating from five reviews. Cecence is an irregular importer, mainly dealing with fertilizers, with just one month of import activity recorded as of August 2022.

The company’s website highlights its expertise in lightweight, sustainable composites for various industries, including aerospace, rail, and sports. They offer services from product development and design engineering to scaled manufacture, focusing on biobased resin systems and composite components. They even won a JEC award for their rapid manufacture of a composite aerospace seatback. The company’s website is well-designed and clearly communicates its focus on innovation and sustainability.

Financially, Cecence Ltd’s picture is mixed. Current assets have plummeted by a staggering 78% to just £57,000, while net assets have dropped even further, reaching -£650,000. Cash reserves have also taken a hit, falling 84% to a mere £20,000. Bank borrowings have increased significantly, and creditors have decreased, suggesting some improvement in debt management. The company’s small size (meeting two of three conditions for a small company) helps it stay agile, but the sharp decline in equity raises concerns. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Cecence Ltd appears to be facing financial challenges. While its innovative composite technologies and strong customer reviews are promising, the declining assets and negative equity suggest a need for careful management. It's a small company with big ambitions, but it will need to navigate these financial pressures to ensure its long-term success.

Registered in England/Wales under the registration number 08835318, with a registered address at EC4A 3DQ, England, London, 10 Bolt Court, 3rd Floor.

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