Century Products Ltd

Century Products Ltd, based in Harpenden, UK, is a small, active company founded four years ago. With a single employee and £5,636 in assets, it operates from a real address and is overseen by one director and two owners. The company specializes in the retail sale via mail order houses or via internet, offering a wide range of HDD tooling and supplies. Its website showcases a diverse product line, from hole openers and reamers to drilling fluids and thread compounds, catering to the horizontal directional drilling (HDD) industry.

The company's online presence highlights a focus on engineering expertise, innovative research and development, and a global reach, with representation in Brazil, Canada, Europe, and Mexico. It emphasizes custom design and manufacturing, serving customers across America, Europe, the Middle East, Africa, and the Pacific Rim. Testimonials praise Century Products' quality and service, particularly its hole openers and expert advice.

Financially, Century Products Ltd presents a mixed picture. Current assets have decreased by 21% to £5,600, while net assets have fallen by 26% to -£12,000. Bank borrowings have increased by a significant 45% to £17,000. Creditors remain stable at £17,000, and trade debtors have plummeted by 26%. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in equity suggests a need for careful management. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

It’s clear that Century Products Ltd is facing financial challenges, with losses deepening and cash reserves dwindling. However, its focus on specialized HDD tooling and its global reach may provide opportunities for growth. It seems that the company is burning through money, but the lack of employees suggests a lean operation.

Registered in England/Wales under the registration number 13110085, with a registered address at AL5 1NL, United Kingdom, Harpenden, Charter House Marborough Park, Southdown Road.

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