Cerium Group Limited
- Small
- Active
- 53 years
- 30 employees
- Virtual address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- Rating 2.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Cerium Group Ltd, based in London, UK, is a small, active company established 53 years ago. With 30 employees and a virtual address, the firm operates with five directors and a single owner—a solo founder. Its Google rating sits at 2.0 based on just two reviews. The company regularly imports treated or layered fabrics for industrial use (64 months of imports) and exports plastics and plastic products (416 months of exports).
The company’s website, Cerium Optical Products, showcases a business focused on high-grade optical products. Founded initially as a distributor, it transitioned to manufacturing and now boasts a vision of excellence and a commitment to the future. Cerium has developed strong international links, with offices and warehousing in Singapore, Australia, USA, Holland, and the UK, delivering 80% of its products overseas to over 100 countries. It has even received a Queen’s Award for Export Achievement. The company is involved in developing consumable products for optical lenses and recognizes itself as a world leader due to its policy of constant research and development, often creating bespoke solutions for customer needs. Recent news highlights a new range of plastic lens polish.
Financially, Cerium Group Ltd shows a mixed picture. Property, plant, and equipment increased by 10%, reaching £1.1 million, while cash reserves decreased by 32% to £530,000. Bank borrowings remained stable, but creditors saw a significant decrease of 9.5%. Trade debtors increased by 5.2% to £3.4 million. The company’s small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—helps it stay agile. The decrease in equity, however, suggests a need for careful financial management. The company’s financial statements are unaudited, likely due to its status as a small company.
Overall, Cerium Group Ltd appears to be a well-established, internationally-focused business with a strong export focus, but its financial performance warrants close monitoring.
Registered in England/Wales under the registration number 01043567, with a registered address at E1W 9US, United Kingdom, London, 2 Leman Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 7 years
- 16
-
Resident of United Kingdom
-
Individual
- 12 years
-
Resident of United Kingdom
-
Individual
- 12 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
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Confirmation statement made on 2024-07-24 with updatesDownload 5 pages pdf report
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Change of details for Mr James Alexander Gillespie Sangster as a person with significant control on 2024-07-08Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Cerium Group Limited
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