Clark-drain Limited

Clark Drain Ltd, based in Peterborough, UK, is a medium-sized company with a long history, having been founded 46 years ago. The business, which holds £14.3 million in assets and generates £21.5 million in revenue annually, employs 143 people and operates as a holding company. Six directors oversee operations, with two owners listed – Clark Ronald Francis and Clarksteel Holdings Ltd. The company is active and has a real address, with only one other company registered at the same location.

Clark Drain specializes in the manufacture of drainage and access solutions for the construction industry. Their website highlights a commitment to UK design and manufacture, with a focus on quality and customer service. They are members of several industry organizations, including Made in Britain and the Living Wage Foundation, and have achieved certifications like ISO 9001 and BS EN12422015. The company’s product range includes manhole covers, drainage channels, and access chambers, catering to diverse applications from residential to industrial.

Looking at the financial data, the company's accrued liabilities have increased by 41%, from £680,000 to £960,000 within the last year. Depreciation on plant and machinery has seen a slight decrease, from £6.5 million to £6.3 million. Administrative expenses have risen by 8.7%, reflecting potential investments in operations. Cash bank on hand has increased significantly, by 51%, to £8 million, which is a positive sign. However, net losses have deepened, suggesting that while revenue is strong, costs are also increasing. Trade debtors have also increased, which could be a cause for concern.

The company's small size (meeting two of three criteria for a medium company) allows for agility, but the increase in liabilities and the deepening losses suggest that Clark Drain Ltd is facing some financial pressures. The auditor, Streets Audit LLP, will need to carefully review the company’s performance to ensure its long-term stability.

Registered in England/Wales under the registration number 01397422, with a registered address at PE7 3EQ, Peterborough, Station Road Station Road, Yaxley.

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