Centrum Pile Limited

Centrum Pile Limited, based in Newark, UK, is a large holding company with an active status, established 23 years ago in May 2001. The company employs 68 people and holds assets valued at £9,171,544. It operates from a real address and is overseen by two directors and one owner, boasting a respectable Google rating of 4.0 based on 22 reviews. Centrum Pile is a regular importer, specializing in iron or steel products, with 42 months of import activity recorded, the last operation made on February 01, 2025.

The company's website details its core business: manufacturing and supplying continuously reinforced precast concrete piles. Centrum Pile operates a fully automated production facility in Newark, Nottinghamshire, producing an average of 1,000,000 linear metres of piles annually. They offer a range of products, including precast piles, pile joints, and pile cages, catering to construction projects. The site also highlights the company's team, quality control processes (ISO 9001 accredited), and commitment to sustainability, including a focus on reducing environmental impact. The website also mentions its European branches in Denmark, Germany, Sweden, and Poland.

Financially, Centrum Pile Limited shows a mixed picture. While current assets increased by 17% to £9,200,000, net assets rose by 7.6% to £8,400,000. However, bank borrowings surged by 57% to £5,700,000, and net losses deepened from £2,200,000 to £590,000. Staff costs decreased by 21%, suggesting efforts to control expenses, and creditors decreased by 19%, indicating improved debt management. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The financial statements are audited by Newton & Garner Limited.

In summary, Centrum Pile Limited appears to be a stable, established manufacturer facing some financial pressures. The company's focus on quality, sustainability, and its European presence suggest a long-term outlook, but managing debt and maintaining profitability will be key to its continued success.

Registered in England/Wales under the registration number 04223614, with a registered address at NG24 3BU, Newark, Nottinghamshire, Hawton Lane, Balderton.

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