Closed Circuit Systems Limited

Closed Circuit Systems Ltd from Bolton UK: a small, active company founded 26 years ago, employs six people, and holds £90,553 in assets. It has a real address, is managed by one director and owner, and regularly imports electrical machinery and equipment – three months of imports were recorded, the last in July 2024.

The company operates in the security systems service activities and investigation activities industries. Its website is not available, so it’s hard to know exactly what they’re doing, but it seems like they're focused on providing services rather than running an e-commerce store.

Financially, Closed Circuit Systems Ltd appears to be navigating some challenges. While cash reserves increased by 29% to £14,000, net assets decreased by 22% to £14,000. Creditors have increased by 10% to £77,000, and trade debtors remain steady at £46,000. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – which helps keep costs down. There's no auditor mentioned, so the figures are unaudited.

The company’s director, Williams David Miles, seems to be handling both management and ownership. The decrease in equity, despite a rise in cash, suggests the company may be burning through money, but it’s difficult to say for sure without more information. The regular import activity indicates a reliance on external suppliers, and the security industry is competitive, so the company will need to continue adapting to stay afloat.

Registered in England/Wales under the registration number 03596584, with a registered address at BL3 1RP, United Kingdom, Bolton, Lancashire, Unit 13, Raikes Clough Industrial Estate, Raikes Lane.

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