Coates And Seely Limited

Coates And Seely Ltd, based in Whitchurch, UK, is a small, active company established sixteen years ago. With four employees and £2,443,803 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances (parts for five months), and exports drinks, alcohol, and vinegar (for four months).

The company’s website is not available, making it difficult to determine their exact operations beyond the import/export data. However, it is known that they operate in the manufacture of wine from grape industries.

Financially, Coates And Seely Ltd shows a mixed picture. Accumulated depreciation for plant and machinery increased by 23%, indicating investment in equipment. However, cash bank on hand decreased by 38% to £130,000. Bank borrowings remained steady, but creditors rose by 17% to £110,000. A notable increase was observed in other creditors, rising by 86% to £21,000. The company's net assets decreased slightly, falling 5.2% to -£550,000. Although the number of employees increased by 50% to six, the company’s net current assets remained stable at £2.3 million.

The company’s small size—meeting two of three conditions for a small company—allows for flexibility. The decrease in equity and cash reserves, however, suggests potential financial pressures. The lack of an auditor mentioned (likely exempt due to its size) means the financial data is unaudited. It's possible that increased investment in plant and machinery is contributing to the reduced cash flow, or perhaps the rise in creditors reflects a need for working capital.

Registered in England/Wales under the registration number 06676717, with a registered address at RG28 7QT, England, Whitchurch, Hampshire, Harroway.

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