Cobra Engineering (uk) Limited

Cobra Engineering Uk Ltd from Cambridgeshire UK: a small holding company with an active status, celebrating 25 years since its founding in 1999. The company employs 48 people and holds £2,702,641 in assets. It’s led by four directors and one owner, maintaining a solid 4.0 Google rating from 16 reviews. Cobra Engineering is an irregular importer, primarily bringing in basic metal tools and utensils, with its last import operation recorded one month ago in September 2023.

The company’s website showcases a commitment to “continuous excellence” in metal fabrication and maintenance services. Cobra Engineering provides design, manufacture, and installation solutions for manufacturing, construction, and utilities clients across the UK. They specialize in stainless steel and carbon steel fabrications, catering to food production, water utilities, and construction sectors. The website highlights a focus on quality, reliability, and a personalized approach, boasting client testimonials praising their service and workmanship. Cobra Engineering also operates a piano restoration division, which is a little surprising.

Financially, Cobra Engineering is showing some concerning trends. Current assets have plummeted by 34%, dropping to £2,700,000, while net assets have also taken a hit, falling 60% to £1,300,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have declined by 27% to £160,000. Creditors have increased by 61%, suggesting a need to manage debt more effectively. Despite these challenges, the company’s small size (meeting two of three conditions for being classified as small) allows for agility. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

It seems Cobra Engineering is navigating a period of financial pressure, although its established reputation and diverse service offerings could help it weather the storm. The addition of the piano restoration division is a unique aspect that could potentially diversify revenue streams, but it also adds complexity to the business.

Registered in England/Wales under the registration number 03896267, with a registered address at PE14 0RN, Cambridgeshire, Redmoor Lane, Wisbech.

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