Cgt Security Ltd

CGT Security Ltd, based in Reading, UK, is a small holding company with an active status, established eight years ago in 2016. Employing just two people, the company holds £1,069,100 in assets and operates from a real address with three directors and one owner. It boasts a stellar 5.0 Google rating based on two reviews and regularly imports electrical machinery and equipment, with the latest activity recorded in September 2024.

The company’s website showcases a range of innovative shutter systems, positioning CGT Security as a supply-only manufacturer catering to the security shutter industry. Its product lines include Xonar Shutters (certified to LPS 1175), Vortex Shutters (offering reduced roll sizes), Stackdoor Shutters (providing maximum visibility), and Intimidator industrial doors. The website highlights technical support and case studies demonstrating the shutters' performance in various scenarios, from vandal-attacked restaurants to luxury retail outlets. It’s clear CGT Security is focused on specialized shutter solutions, targeting professional installers and distributors rather than direct consumers.

Financially, CGT Security Ltd presents a mixed picture. While cash reserves have significantly increased by 130% to £260,000, current assets have also risen by 38% to £1,100,000. However, net assets have improved dramatically, dropping from -£130,000 to just -£10,000 – a substantial turnaround. Bank borrowings have decreased by 12% to £10,000, and creditors have increased by 21% to £1,100,000. Trade debtors have also increased by 43% to £480,000. The company meets the criteria for a small company, with turnover under £10.2 million and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Overall, CGT Security Ltd appears to be financially healthier than it was previously, with a strong cash position and improved equity. The increase in debtors suggests a possible need to manage payment collections, but the overall trend is positive. The company's focus on specialized shutter systems and its commitment to technical support seem to be paying off, although the long-term sustainability of its business model remains to be seen.

Registered in England/Wales under the registration number 10382155, with a registered address at RG2 0TB, England, Reading, Unit B, 1 Darwin Close.

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