Cold Formed Products Limited
- Small
- Active
- 68 years
- 36 employees
- £2,260,020 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Cold Formed Products Ltd from London UK is a small, active company founded 68 years ago in 1956. With 36 employees and £2,260,020 in assets, it operates from a virtual address – a point to note as 133 companies are registered at the same location. The company is led by two directors and owned by two individuals, with a solo founder at its core. It regularly imports aluminum and aluminum products (32 months) and exports vehicles, parts, and accessories (63 months), excluding trains and trams.
The company’s website showcases a long-standing expertise in impact extrusion and forging, serving industries like automotive, aerospace, defence, cookware, and even providing specialized components like missile wave guides. It's a world leader in this technology, boasting over 50 years of experience. The website details a range of products, from automotive anti-vibration systems to flame guards, and highlights direct exports worldwide, accounting for 70% of sales. They even compete with die casting and machining, offering technically superior and cost-effective alternatives.
Financially, Cold Formed Products Ltd shows some concerning trends. While cash reserves decreased by 54% to £280,000, bank borrowings dramatically reduced by 71%, falling to £89,000. Creditors increased by 31%, reaching £1,200,000, and net assets declined by 9.2% to £1,600,000. It's a small company, meeting two of three criteria for small business status (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The company’s accounts were audited by Orcom Civvals Audit Limited. Despite the decline in net assets, the company’s ability to reduce borrowing suggests some financial management, though the drop in cash reserves warrants attention. The company’s long history and established position in a specialized manufacturing sector provide a foundation for future growth, but careful monitoring of financial performance is essential.
Registered in England/Wales under the registration number 00571301, with a registered address at W1H 7JG, London, 50 Seymour Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Binks David
- 9 years
- 50%+
-
Resident of United Kingdom
-
Individual
- Palmer Andrew
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Palmer Andrew George Joseph
- N/A
-
Resident of United Kingdom
-
Individual
- Palmer Andrew George Joseph
- N/A
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Satisfaction of charge 4 in fullDownload 1 page pdf report
-
Satisfaction of charge 2 in fullDownload 1 page pdf report
-
Satisfaction of charge 1 in fullDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Cold Formed Products Limited
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