Cmt Equipment Limited

CMT Equipment Ltd, based in Dartford, UK, is a sizable company with an active status, having been established fourteen years ago in June 2010. Boasting 114 employees and a substantial asset base of £26,940,222, the company generated a yearly revenue of £44,445,727. It operates from a real address and is overseen by three directors and a single owner, who is also the solo founder. A key feature is its e-commerce site, supported by a 4.0 Google rating from 99 reviews. The company regularly imports basic metal tools and utensils (436 months) and exports aluminum and aluminum products (30 months).

Classified as a “large” company, CMT Equipment Ltd meets two of three criteria: turnover exceeding £36 million and a balance sheet total surpassing £18 million, alongside having more than 250 employees. The company’s financial picture reveals some concerning trends. Accrued liabilities have decreased significantly, from £2.4 million to just £670,000, which could indicate improved financial management, but also a potential slowdown in operations. However, the company’s cash bank on hand has plummeted by 75%, dropping to £630,000. Bank borrowings have increased, and net assets have also decreased.

Despite these challenges, the company continues to operate, importing and exporting goods. The website highlights a wide range of products, from workwear and PPE to hand tools and plant machinery. It also offers a procurement portal, EDGE, designed to save customers time and money. The company’s focus on safety equipment and its commitment to online sales suggest a strategic approach to the competitive market. The accounts are audited by Nicholsons Audit, and the report mentions a strategic report, report of the directors, and financial statements. It's a company that’s clearly navigating a complex landscape, balancing growth with financial stability.

Registered in England/Wales under the registration number 07291374, with a registered address at DA2 6SL, United Kingdom, Dartford, Riverbridge House Anchor Boulevard, Crossways Business Park.

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