C.g.p. Engineering Ltd

C.G.P. Engineering Ltd, based in Loughborough, UK, is a small, active company established 38 years ago. With seven employees and £176,221 in assets, it’s a long-standing operation run by a single director and owner, Parker Richard Ian. The company has a real registered address and a strong Google rating of 5.0 based on two reviews. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with recent activity recorded in September 01, 2024.

The company’s website highlights its expertise in toolmaking and engineering, specializing in hardened production tools and offering services for the plastics and rubber industry. It boasts a history dating back to 1986 and emphasizes precision and attention to detail. The site also mentions a client base and provides contact information, including an email address and phone number.

Financially, C.G.P. Engineering Ltd’s numbers present a mixed picture. Current assets have decreased by 28%, dropping to £180,000, while net assets have also fallen, although by a smaller 13% to £210,000. Bank borrowings have seen a significant decrease of 26%, reaching £80,000, and cash reserves have fallen 10% to £98,000. Trade debtors have plummeted 61%, suggesting improved collection or reduced sales, and creditors have also decreased by 34%. 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 decline in current assets and trade debtors may indicate some financial pressure. As a small company, it’s exempt from an audit, so these figures are unaudited.

Overall, C.G.P. Engineering Ltd seems to be a well-established, albeit small, engineering firm navigating a changing economic landscape. The company's long history and specialized services suggest a degree of resilience, but the financial data warrants close monitoring.

Registered in England/Wales under the registration number 02033559, with a registered address at LE12 8DX, Loughborough, Leicestershire, Westwood House 78 Loughborough Road, Quorn.

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