Circuitmaster Designs Limited

Circuitmaster Designs Ltd from Rochdale, UK, is a small, active company founded 32 years ago, back in 1993. With four employees and £1,121,432 in assets, it’s a well-established player in its field, boasting a perfect 5.0 Google rating based on one review. The company has two directors and a single owner, Bainbridge Andrew, and operates from a real address.

Circuitmaster Designs specializes in the manufacture of electronic industrial process control equipment. Its core business revolves around providing solutions for the wire harness industry and other manufacturing units. The company is a regular importer of electrical machinery and equipment, having imported for five months, and a consistent exporter of optical and medical tools and devices, exporting for a substantial 120 months. The website highlights its "Crimp Force Monitor" as a key product, offering real-time quality control and data analysis for press operations. It seems to be a B2B operation, selling to industrial clients rather than directly to consumers.

Financially, Circuitmaster Designs presents a mixed picture. While cash bank on hand increased slightly to £820,000, current assets declined by 13% to £1,100,000. Debtors have fallen significantly, dropping 43% to £230,000, which could indicate improved collection efficiency. However, creditors have also increased by 23%, reaching £680,000, and net assets have decreased by 20% to £420,000. The company meets the criteria to be considered a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, prepared by CCH Software, don't mention an auditor, which is likely due to the small company exemption.

Overall, Circuitmaster Designs appears to be a stable, long-standing business, but the decrease in net assets and increase in creditors suggest it’s facing some financial pressure. The company’s focus on specialized equipment and its strong export history indicate a resilient business model, but it will need to manage its debt levels to ensure continued success.

Registered in England/Wales under the registration number 02821323, with a registered address at OL16 5LW, Rochdale, Lancashire, Kingsway West Business Park, Moss Bridge Road.

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