Cnc Centre Ltd

CNC Centre Ltd, based in Hinckley, UK, is a small, active company founded sixteen years ago. With five employees and £674,131 in assets, it operates from a real address and is overseen by three directors and three owners. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with a recent import in October 2023. Conversely, it's a regular exporter of electrical machinery and equipment, with its last export recorded in January 2025.

CNC Centre Ltd appears to specialize in the repair of machinery, a detail gleaned from its company description. While it maintains a relatively small scale, meeting two of three criteria for a small company (turnover under £10.2 million and assets under £5.1 million), its financial performance reveals a concerning trend. Net assets have decreased significantly, falling 14% to £510,000. Cash reserves have also taken a hit, dropping 24% to £280,000. While creditors have remained relatively stable, the decline in cash and net assets suggests the company is burning through money. Trade debtors have also decreased substantially, falling 34%, which could be a positive sign of improved collections or a reduction in credit extended.

Interestingly, the company’s average number of employees has also decreased by 20%, dropping to four. This could be due to restructuring or reduced workload, but it also raises questions about the company’s ability to maintain its operations. Dividends paid increased by 47%, which could indicate a desire to reward shareholders despite the financial pressures. The company’s financial statements are unaudited, which is common for small companies, and no auditor is mentioned. Overall, CNC Centre Ltd seems to be facing challenges, and while its export business remains active, the declining financial metrics warrant close monitoring.

Registered in England/Wales under the registration number 06808742, with a registered address at LE10 1AW, Hinckley, 5 Station Road.

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