Cedarsoft Ltd

Cedarsoft Ltd, based in Dunfermline, UK, is a small, active company established fifteen years ago. With a single employee and £14,440 in assets, it operates from a real address and is overseen by one director and owner. The company is an irregular importer, primarily dealing in clocks, watches, and their parts, with the last import activity occurring just one month ago. Cedarsoft Ltd also provides information technology consultancy and other service activities.

The company’s trading name, Perfect Timing, is a leading sports event timing services company. Its website highlights a focus on precision timing for sporting events, including restoration and self-play system integrations for pianos. It even has a showroom in Harrods, London.

Financially, Cedarsoft Ltd's recent performance shows a mixed picture. Current assets have decreased by 21% to £14,000, while net assets have plummeted 83% to just £3,800. Cash reserves have also declined significantly, dropping 36% to £9,300. Bank borrowings have increased by a staggering 2,400%, reaching £29,000, and creditors have risen by 86% to £24,000. It's worth noting that trade debtors have increased by 36%, which could indicate delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the sharp decline in equity is concerning. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Registered in Scotland under the registration number SC376194, with a registered address at KY12 8YB, Dunfermline, Fife, 7 Lyne Grove, Crossford.

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