Cogne U.k. Limited

Cogne U.k. Limited, based in Sheffield, UK, is a large, holding company with an active status. Established 28 years ago in December 1996, it employs 40 people and holds assets worth £14,114,899. The company generates a yearly revenue of £23,970,859, demonstrating a significant scale of operations. It has four directors and one owner, with a real registered address. Cogne U.k. Limited regularly imports and exports iron and steel, with 240 months of import activity and 144 months of export activity recorded.

The company’s website highlights its focus on stainless long products and tool steels, catering to various industries. It emphasizes quality assurance, efficiency, and customer service, showcasing a commitment to meeting customer needs. The website also mentions a division specializing in piano restoration, operating independently from the steel trading business. This suggests a diversified portfolio, though the connection between the two arms isn’t explicitly stated.

Financially, Cogne U.k. Limited presents a mixed picture. While cash reserves increased by a substantial 120% to £2,100,000, administrative expenses jumped significantly to £610,000. This could be due to one-off costs or investments in growth. Net assets increased by 17% to £8,000,000, but net losses deepened to £660,000. Trade debtors decreased by 25%, which is a positive sign of better cash flow management. The company’s size (meeting two of three criteria for a large company) allows for greater resources, but the increased losses warrant closer monitoring. The company was audited by Blick Rothenberg Audit LLP.

Overall, Cogne U.k. Limited appears to be a sizable and established player in the steel industry, but the recent financial results suggest it's facing some challenges. The diversification into piano restoration could be a strategic move to mitigate risk, but its impact on the company’s overall performance remains to be seen.

Registered in England/Wales under the registration number 03298004, with a registered address at S9 2UD, Sheffield, South Yorkshire, Uniformity Steel Works, Don Road Newhall.

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