Climemet Ltd

Climemet Ltd, based in Bury St. Edmunds, UK, is a small, active company founded ten years ago in 2014. With three employees and £145,012 in assets, it operates from a real address and is managed by three directors and owners. The company is an irregular importer, primarily dealing in clocks, watches, and their parts, with just two months of import activity recorded as of January 2020. Its business also encompasses other business support services.

The company’s website, ClimeMET, showcases a range of weather instruments, gardening gifts, and decorative outdoor dials. It’s a family-run business emphasizing traditional craftsmanship and a passion for the elements, offering tide clocks, barometers, hygrometers, and rain gauges, alongside a selection of gardening gifts. The site highlights a commitment to customer satisfaction and expert advice, catering to gardeners, meteorologists, and nature enthusiasts alike.

Financially, Climemet Ltd presents a mixed picture. Current assets have fallen by 44%, dropping to £150,000, while net assets have declined by 18%, settling at £130,000. Bank borrowings have decreased by 15%, reaching £95,000, and cash reserves have fallen by 15% to £110,000. Creditors have seen a significant drop of 69%, reaching £43,000, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The company’s financial data suggests it's facing some challenges, with declining assets and net equity. However, the reduction in creditors indicates better control over short-term liabilities. It’s possible the irregular import activity and focus on niche products are contributing to these trends. While the business appears to be well-established online, the financial figures warrant close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 09052289, with a registered address at IP32 7GY, Bury St. Edmunds, Suffolk, Greenwood House, Greenwood Court.

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