Cfp Composites Limited

Cfp Composites Ltd from Dudley UK: a small, active company founded 17 years ago, employs 11 people, and has a real address. With five directors and one owner, it’s a relatively compact operation. The company irregularly imports optical and medical tools and devices (just one month of imports recorded) but regularly exports stone, plaster, cement, and similar material products (three months of exports).

Cfp Composites specializes in fireproof composite materials, offering solutions like flexible fireproof mats, molded structural parts, and laminate solutions capable of withstanding temperatures up to 2000°C. Its website showcases a range of products catering to industries requiring high-temperature protection, including custom-engineered parts. The company’s website also mentions a factory address, phone number, and email address, indicating a direct-to-customer sales model.

Financially, Cfp Composites shows some concerning trends. Accumulated amortisation for intangible assets increased by 12%, and depreciation for property and plant equipment rose by 7.1%. Bank borrowings decreased significantly by 50%, which is a positive sign, but cash reserves only increased slightly by 13%. Creditors remained relatively stable, but trade debtors decreased by 11%, suggesting potential issues with customer payments. Equity, however, took a hit, dropping by 29%, and the company reported a net loss of £1.2 million. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Cfp Composites appears to be navigating a challenging period. While its specialized product line and direct sales approach could provide a competitive edge, the declining equity and ongoing losses raise questions about its long-term financial health. The decrease in bank borrowings is a positive, but the company will need to address its profitability to ensure its continued success.

Registered in England/Wales under the registration number 06310205, with a registered address at DY2 0RF, England, Dudley, West Midlands, Units 3 - 5 Pedmore Road.

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