Cogri Engineering Limited

Cogri Engineering Ltd, based in Huddersfield, UK, is a small, family-run business with an active status, having been founded eighteen years ago. Employing just six people, the company holds £356,480 in assets and operates from a real address with two directors and two owners. It's a regular importer and exporter of optical and medical tools and devices, with four months of import activity and twenty-three months of export activity recorded.

The company's website reveals its core business: the sales and hire of floor testing equipment. It’s a manufacturer and supplier specializing in digital floor flatness testing, offering equipment for sale or rent. They even have a laser-guided profileograph to measure floor flatness, and offer surveying and testing services, including slip resistance and abrasion resistance. The company is part of the CoGri Group, which includes several related businesses, suggesting a broader network of expertise in industrial flooring.

Financially, Cogri Engineering Ltd’s recent performance presents a mixed picture. Current assets have decreased by 16% to £360,000, while net assets have plummeted 67% to £2,700. Bank borrowings have increased by a substantial 490%, reaching £13,000, and cash reserves have fallen 63% to £55,000. Creditors have also increased by 7.4%, reaching £800,000. The company meets two of three conditions to be classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned likely reflects its status as a small company.

The significant decrease in equity and the rise in bank borrowings suggest the company may be facing financial pressures, although it's difficult to say for sure. The increase in creditors could be due to increased business activity, or it could indicate a need for improved cash flow management. Overall, Cogri Engineering Ltd appears to be a well-established business with a specialized niche, but its recent financial results warrant careful monitoring.

Registered in England/Wales under the registration number 06024819, with a registered address at HD8 0RW, Huddersfield, West Yorkshire, Dene House, North Road, Kirkburton.

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