Ceetak Limited

Ceetak Ltd, based in Bedford, UK, is a large, holding company with an active status, celebrating 36 years in business. The company employs 70 people and holds £18,184,104 in assets, generating £25,115,250 in yearly revenue. With five directors and a single owner, Ceetak operates from a real address and maintains a Google rating of 4.0 based on three reviews. The business regularly imports machinery, boilers, and mechanical appliances, parts, and exports rubber and rubber products.

Ceetak’s core business revolves around providing sealing solutions, as evidenced by its website. The company designs and supplies these solutions for a wide range of industries, including automotive, life sciences, oil & gas, and defence. Its website highlights engineering design expertise, quality assurance, and a global supply chain. Ceetak also offers a range of services, including engineering design, quality assurance, and global strategic supply. The site provides interactive design tools and a selection of resources, including calculators and engineering tables.

Financially, Ceetak Ltd presents a mixed picture. While current assets increased by 6.1% to £18,000,000, bank borrowings surged by 60% to £1,400,000. A significant drop in accumulated depreciation impairment property plant equipment was noted, with a 20% decrease in computer equipment. The company's net assets increased by 25% to £13,000,000, indicating a strengthening financial position. The company’s net loss deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. The increase in bank borrowings and decrease in cash reserves suggest the company may be investing in growth or facing short-term cash flow challenges. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s focus on specialized sealing solutions and its presence in multiple industries suggests a resilient business model. However, the financial data reveals a need for careful cash flow management to support its growth initiatives.

Registered in England/Wales under the registration number 02251723, with a registered address at MK44 3WH, Bedford, Beds, Fraser Road, Priory Business Park.

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