Clockwork Components Limited

Clockwork Components Ltd from Witney UK: small company, holding company, active status, founded 21 years ago, 28 employees, £2,516,350 assets, real address, 4 directors, 4 owners, family business. Regular importer of miscellaneous metal items (283 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (56 months exported). It’s a small, family-run business with a solid history, operating as a holding company and boasting a real address. The company employs 28 people and holds assets valued at £2.5 million. Four directors and four owners, likely family members, steer the ship.

The company’s core business involves importing miscellaneous metal items, a consistent activity spanning 283 months, with the last import occurring in February 2025. Alongside this, Clockwork Components Ltd exports furniture, lighting, and prefabricated buildings, a regular activity over 56 months, also last recorded in February 2025. The company operates in the wholesale of other intermediate products industries.

Financially, Clockwork Components Ltd shows a mixed picture. Current assets decreased by 4.2% to £2.5 million, while net assets increased by 1.9% to £760,000. Bank borrowings decreased by 22%, reaching £210,000, and cash reserves increased by 120% to £110,000. Creditors decreased by 15%, suggesting improved debt management. Trade debtors, however, plummeted by 22%, which could indicate challenges in collecting payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to the company's small size.

The sharp decrease in trade debtors is a point of interest. Perhaps the company has tightened credit terms or is facing difficulties with some customers. The increase in cash reserves, however, is a positive sign, suggesting better cash flow management. Overall, Clockwork Components Ltd appears to be a stable, if somewhat challenged, small business—a family operation navigating the complexities of importing and exporting in a competitive market.

Registered in England/Wales under the registration number 05073827, with a registered address at OX29 0YN, Witney, Oxfordshire, Unit 6 Network Point, Range Road.

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