Cnc Group Limited

CNC Group Limited, based in St. Neots, UK, is a small, active family business founded nine years ago. With 24 employees and £653,237 in assets, it operates from a virtual address, a detail worth noting as forty-six companies share the same location. Two directors and two owners manage the company, which has a respectable Google rating of 4.0 based on twelve reviews. The company regularly imports machinery, boilers, and mechanical appliances, with the most recent import activity occurring four months ago.

CNC Group Limited specializes in pre-press and pre-media services, operating an e-commerce site. The website showcases a range of services, from design and layout to print management, targeting businesses needing assistance with their marketing materials. While the site appears well-maintained, it’s difficult to ascertain the volume of sales or the level of customer engagement.

Financially, CNC Group Limited presents a mixed picture. Accumulated depreciation on computer equipment increased by 21%, while furniture fittings saw a more substantial rise of 24%. However, motor vehicles experienced a decrease of 33%, and plant machinery saw a significant jump of 120%. Bank borrowings decreased by 19%, which is good, but cash reserves surged by 120%, a very positive sign. Creditors, however, increased by a staggering 210%, a detail that warrants further investigation. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors could indicate a need to manage cash flow more effectively. There was no auditor mentioned, which is common for small companies.

Overall, CNC Group Limited appears to be a stable, albeit small, operation. The increase in plant machinery suggests investment in its capabilities, while the rise in creditors highlights a potential area for improvement. It’s a family business with a decent online presence, but its long-term success will depend on its ability to manage its finances and adapt to changing market conditions.

Registered in England/Wales under the registration number 10114527, with a registered address at PE19 6YH, England, St. Neots, First Floor, Cql House Alington Road, Little Barford.

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