Cladding Centre Limited

Cladding Centre Limited, based in Middlesbrough, UK, is a small, active company founded ten years ago in 2015. With seven employees and £2,943,947 in assets, it operates a thriving e-commerce site specializing in hygienic wall cladding. The company has a real address and is managed by two directors and two owners, maintaining a respectable Google rating of 4.0 based on 19 reviews.

The company’s website, Cladding Centre, showcases a wide range of hygienic wall cladding solutions, catering to various budgets and project requirements. They offer white hygienic cladding, coloured cladding, gloss cladding, and satin cladding, alongside accessories like silicone trims and adhesives. The site also highlights specific applications, such as commercial kitchens, hospitals, and kennels, demonstrating versatility. It’s clear they're targeting a B2B market, emphasizing durability, chemical resistance, and ease of installation.

Financially, Cladding Centre Limited presents a mixed picture. While current assets remain steady at £2,900,000, net assets have declined by 6.5% to £2,200,000. Bank borrowings have increased significantly, jumping 110% to £450,000, and cash reserves have also decreased. Trade creditors have risen by 47% to £810,000, suggesting potential challenges in managing short-term liabilities. 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 agility, but the increase in borrowings and decrease in equity warrant closer monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Cladding Centre Limited seems to be a well-regarded supplier in a niche market, but the financial data suggests it’s burning through cash. Whether the company can maintain its growth trajectory while managing its debt remains to be seen.

Registered in England/Wales under the registration number 09426169, with a registered address at TS5 6HZ, United Kingdom, Middlesbrough, 36 Cumberland Road.

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