Clip Limited

Clip Limited, based in Bristol, UK, is a small, active company with a rich history, having been founded 56 years ago in 1968. With 11 employees and £2,144,634 in assets, it’s a well-established player despite its size. The company has four directors and is owned by Runacres Dorinda Anne. It operates from a real address, with only two other companies registered there, and has a history of importing (though none in recent years) and exporting furniture, lighting, and prefabricated buildings.

The company's website, Clip Smart Solutions, reveals a fascinating specialization: providing smart solutions for the aviation supply industry. They focus on replaceable components, particularly a modular headphone designed to reduce waste and carbon emissions. This innovative product allows airlines to replace defective parts instead of discarding the entire device, lowering costs and enabling quick maintenance. The website emphasizes design and creativity, positioning Clip Limited as a player in the aviation sector.

Financially, Clip Limited presents a mixed picture. While net assets increased by 100% to £1,200,000, cash reserves decreased by 13% to £930,000. Bank borrowings remained stable, at £79,000, and trade debtors increased significantly, by 510% to £430,000—a possible indicator of delayed customer payments. Creditors also increased, by 21% to £1,000,000, and the company’s net current assets decreased by 67% to £1,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant increase in trade debtors is something to keep an eye on. As a small company, it’s exempt from an audit, so these figures are unaudited. Overall, Clip Limited seems to be holding its own, but the increase in debtors suggests a need to manage cash flow effectively.

Registered in England/Wales under the registration number 00933144, with a registered address at BS30 5RD, Bristol, Clip Ltd Church Road, Wick.

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