Collinson Tensile Limited

Collinson Tensile Ltd, based in Preston, UK, is a small holding company with an active status, having been established 28 years ago. The company employs 29 people and holds assets worth £2,440,001. With three directors and a single owner, it operates from a real address and is a regular importer and exporter.

The company specializes in manufacturing high-performance tensile fabric buildings for the UK and Ireland, representing the Finnish company BestHall. They design and construct these buildings for a variety of industries, including sports (football, rugby, tennis), ports, harbours, waste management, aviation, and industrial storage. Their website highlights a focus on durability, sustainability, and customizability, with a reputation for delivering world-class solutions. They’re particularly proud of their ability to build full-size football pitches and have worked with premier league clubs.

Financially, Collinson Tensile Ltd presents a mixed picture. Cash and bank balances have increased significantly by 76%, reaching £1.6 million—a positive sign. However, net current liabilities have decreased by 1.1%, to £580,000. Trade debtors have fallen by 23%, to £730,000, and bank borrowings have increased by 2,400%, reaching £29,000. Creditors have decreased by 18%, suggesting improved debt management. The company’s size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

The company's increase in bank borrowings may indicate a need for working capital, while the decrease in debtors could be a result of more efficient collection practices. The company’s focus on high-performance structures and its established relationships with key clients suggest a solid foundation for future growth, but the financial data does hint at some pressures.

Registered in England/Wales under the registration number 03267051, with a registered address at PR3 0HP, Preston, Lancashire, Riverside Industrial Park, Catterall.

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