Ces (europe) Ltd

Ces Europe Ltd, based in Banbury, UK, is a small, family-run business with an active status. Established fifteen years ago in 2009, the company employs just four people and holds £650,446 in assets. It operates from a virtual address, a detail that raises some questions, and is overseen by three directors and two owners. The business regularly imports and exports machinery, boilers, and mechanical appliances—parts, with a consistent record of activity spanning 89 months for imports and 88 months for exports.

The company’s website reveals a specialist in pit lane equipment, support, and advice. It acts as an official agent for Paoli wheel guns, offering sales, servicing, and upgrades for wheel guns and associated air-driven equipment, ranging from 2BAR to 300BAR. It caters to all race series, with a showroom in Harrods, London. The business operates from Penhill Industrial Park, Beaumont Road, Banbury.

Financially, Ces Europe Ltd shows some concerning trends. While current assets increased by 13% to £650,000, net assets only grew by 3.5% to £330,000. Bank borrowings decreased by 26% to £10,000, but cash reserves dropped by 27% to £270,000. Creditors increased by 37% to £380,000, suggesting the company is relying more on credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors is something to keep an eye on. There’s no auditor mentioned, which is typical for small companies.

The company’s focus on pit lane equipment and its connection to the prestigious Paoli brand suggests a niche market with potential for growth. However, the financial data indicates a need to manage its liabilities and maintain a healthy cash flow to ensure its long-term viability.

Registered in England/Wales under the registration number 06941185, with a registered address at OX16 3TB, England, Banbury, Oxfordshire, 10 Manor Park.

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