Ceimig Limited

Ceimig Ltd from Dundee, UK, is a small, active company founded 20 years ago. With 13 employees and £2,138,740 in assets, it operates from a real address and is managed by three directors and one owner. The company regularly imports and exports jewelry, precious stones, and metals—a consistent pattern over 63 months of imports and 126 months of exports.

The company’s operations center around the manufacture of other chemical products, and it’s a key player in the silver refining and fabricating industries, with a history stretching back to 1860. Its website, Ames Goldsmith Corporation, highlights a global customer base relying on its expertise in materials and manufacturing. The company has diversified into electronic materials, PEM electrolyser fuel cells, and even copper-based materials, catering to industries like medicine, photography, and renewable energy. It’s a global business with a showroom in Harrods, London.

Financially, Ceimig Ltd’s report reveals a mixed picture. Current assets have dropped by 17% to £2,100,000, while net assets have also declined by 16% to £1,500,000. Bank borrowings have increased by 7.0% to £470,000, and cash reserves have risen by 18% to £910,000. Creditors have increased by 20% to £1,000,000, suggesting a need for careful cash flow management. The company’s size (meeting two of three conditions for a small company) allows for agility, but the decrease in equity is noticeable. Depreciation charges have increased, particularly for plant machinery, which could be a sign of ongoing investment or aging equipment. The report doesn’t mention an auditor, which is common for smaller companies.

Overall, Ceimig Ltd appears to be a stable, albeit somewhat pressured, business. Its long history, diverse product range, and global reach suggest resilience, but the financial trends indicate a need to monitor cash flow and maintain a strong balance sheet.

Registered in Scotland under the registration number SC267975, with a registered address at DD2 4UT, Scotland, Dundee, Units 1- 3 Smeaton Road, West Gourdie Industrial Estate.

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