Cge Services Ltd

Cge Services Ltd, based in Brierley Hill, UK, is a small, active company founded five years ago. With nine employees and £653,028 in assets, it’s a modest operation led by two directors and one owner. The company regularly imports iron and steel, with recent activity recorded in June 2024. It’s a real address, with only four companies registered there.

The company’s website highlights its specialization in ductwork manufacture, positioning itself as a leading provider in the Midlands with over 25 years of experience. It offers fire-rated ductwork systems and caters to both residential and commercial clients. Accounts are available on their website, along with contact details for sales and general inquiries.

Financially, Cge Services Ltd presents a mixed picture. While current assets increased by 38% to £650,000, equity plummeted 78% to just £11,000—a significant drop. Cash bank on hand decreased by 16% to £53,000, and creditors rose 60% to £650,000 within one year. Trade debtors also increased by 28% to £530,000. The number of employees has increased by 78% to 16, which may be a contributing factor to the rise in creditors. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is concerning. The accounts are abridged and unaudited, with no auditor mentioned, relying on director-reported data.

Overall, Cge Services Ltd appears to be growing, but facing financial pressures. The increase in employees and debtors may be a sign of expansion, but the decrease in equity suggests a need for careful management.

Registered in England/Wales under the registration number 12446216, with a registered address at DY5 3UP, England, Brierley Hill, Unit 51 Premier Partnership Estate, Leys Road.

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