Cognitronics Limited

Cognitronics Ltd from Worksop UK: a small, active company established 48 years ago, employs nine people, and holds £791,974 in assets. It’s a real address with four directors and two owners, boasting a stellar 5.0 Google rating based on three reviews. The company regularly imports electrical machinery and equipment, with recent activity in February 2025.

The company’s website reveals a fascinating business model. Cognitronics Ltd specializes in automated business solutions, offering a range of services from invoice extraction and payment processing to custom development and scanning solutions. They are official distributors for CPI, a leader in payment innovations, and offer coin, note, and cashless solutions. The website details a wide array of products including scanners, coin validators, and note handling systems, catering to diverse needs. They also offer services like customer quotations, fulfilment incentives, and retail redemption management. It’s clear they’re targeting businesses seeking to streamline their operations and improve efficiency. The site’s content is well-written and informative, showcasing their expertise and commitment to customer service.

Financially, Cognitronics Ltd presents a mixed picture. Current assets have decreased by 13% to £790,000, while net assets have increased by 4.2% to £1,200,000. Bank cash has decreased by 12% to £410,000. Trade debtors have fallen by a significant 21%, suggesting improved collection practices. However, creditors have increased by 8.1%, and other debt has risen by a substantial 78%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the changes in debt levels warrant closer attention. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Cognitronics Ltd appears to be a well-established company with a niche offering. While the financials show some shifts, the company’s long history, positive Google rating, and diverse service portfolio suggest a stable foundation. It's clear they are working hard to maintain their position in the market.

Registered in England/Wales under the registration number 01296618, with a registered address at S81 7DJ, Worksop, Nottinghamshire, Claylands Avenue.

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