Circuit Plating Equipment Limited

Circuit Plating Equipment Limited, based in Wokingham, UK, is a small, active company with a long history, having been founded 53 years ago in 1971. The company, which employs just one person, holds £66,985 in assets and operates from a real address. It’s a solo founder operation, overseen by two directors, and has been active for quite some time. They regularly import electrical machinery and equipment, with a recent import recorded just one month ago.

The company’s business involves acting as agents for machinery, industrial equipment, ships, and aircraft industries. It’s a niche role, connecting buyers and sellers in these sectors. While they have a website, it doesn’s particularly active and doesn’t provide much information about their current operations.

Financially, Circuit Plating Equipment Limited presents a mixed picture. Current assets have decreased by 6.8%, falling to £67,000, while bank borrowings have increased significantly. Cash reserves have also declined, dropping by 7.8% to £62,000. Equity has taken a big hit, decreasing by 25% to -£59,000. Creditors, however, have decreased by 7.4%, suggesting a slight improvement in managing debts. The company’s small size—meeting two of three criteria for being a small company—helps it stay flexible, but the decline in equity is a cause for concern. The lack of an auditor mentioned likely means the financial statements are unaudited, relying on director-reported data.

Overall, Circuit Plating Equipment Limited appears to be facing some financial pressures, despite its long-standing presence and specialized role. Whether it can weather these challenges and maintain its niche position remains to be seen.

Registered in England/Wales under the registration number 01021688, with a registered address at RG40 2LE, England, Wokingham, Berkshire, 43 Frog Hall Drive.

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