Clean Burner Systems Limited

Clean Burner Systems Ltd, based in Livingston, UK, is a small, active company established 17 years ago. With 14 employees and £1,584,526 in assets, it’s a modest operation led by two directors and a single owner. The company regularly imports iron or steel products (3 months of activity), and occasionally exports machinery, boilers, and mechanical appliances (1 month of activity). It operates from a real address in Deans Industrial Estate, West Lothian.

The company’s core business revolves around manufacturing other fabricated metal products, operating within a specialized industry. Its website is currently unavailable, so it’s difficult to determine if it engages in e-commerce or primarily serves business-to-business clients.

A review of Clean Burner Systems Ltd’s financial data reveals a concerning trend. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial health appears fragile. Net assets have decreased significantly by 38%, reaching -£2.4 million, and net current assets are also in the negative at -£2.5 million. Cash reserves have fallen sharply by 54%, leaving only £140,000, and bank borrowings have decreased by 25% to £30,000. Creditors have increased by 7.2% to £4.1 million, and trade debtors have fallen by 11% to £1.4 million.

Despite these challenges, there are some positives. Debtors have decreased, suggesting improved collection efforts, and the company has managed to maintain a steady stream of imports. However, the significant decline in equity and the negative net current assets indicate a potential cash flow problem. The company’s reliance on external funding, as evidenced by the bank borrowings, may be unsustainable in the long run. There's no auditor mentioned, which is typical for small companies exempt from an audit. The company's last reported employee count was 13, a slight decrease from 14.

Registered in Scotland under the registration number SC322513, with a registered address at EH54 8AS, Scotland, Livingston, West Lothian, 11 Caputhall Road, Deans Industrial Estate.

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