Colets Piling Limited

Colets Piling Ltd, based in Effingham, UK, is a small, active holding company established 42 years ago. Employing 40 people and holding £1,997,379 in assets, the company operates from a real address and is overseen by three directors and one owner. While primarily focused on construction, Colets Piling has engaged in irregular import and export activities, importing optical and medical tools for one month and exporting electrical machinery for another.

The company’s website showcases a core business of piling foundation engineering, offering services like CFA piling, rotary piling, and mini piling, alongside equipment hire and sales. It caters to a range of clients, from residential projects to industrial sites, and even offers specialized services like piano restoration. The website also highlights a commitment to quality, with certifications and a focus on British craftsmanship.

Financially, Colets Piling shows some concerning trends. Current assets decreased by 26% to £2,000,000, while net assets dropped by 8.4% to £900,000. Bank borrowings increased, and cash reserves fell, suggesting potential cash flow pressures. Creditors also decreased, which could indicate better debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity raises questions. With no auditor mentioned, the figures are unaudited.

The company’s irregular import and export activities, combined with the fluctuating financials, suggest a business that might be navigating a period of change. Whether the construction and equipment side can offset any challenges remains to be seen—but Colets Piling’s longevity speaks to its resilience and adaptability.

Registered in England/Wales under the registration number 01716388, with a registered address at KT24 5JS, Effingham, Surrey, The Old Village Hall, The Street.

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