Combicut Limited
- Small
- Active
- 45 years
- 20 employees
- £7,423,039 (assets)
- Real address
- 4 directors
- 1 owner
- 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
Social media
Summary
Combicut Ltd from Reading UK is a small, active company founded 45 years ago in 1980. With 20 employees and £7,423,039 in assets, it’s a well-established player. The business, owned and directed by Walters Keith John, operates from a real address and has four directors in total. It’s a solo founder operation, having been founded by Keith John Walters. Combicut regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 47 months of import activity and 94 months of export activity recorded, the latest being February 2025.
The company’s website highlights its specialization in manufacturing grinder plates, knives, emulsifier plates, bone separation systems, and offering a specialist sharpening service. It’s clear they’re focused on precision engineering and related services, with a strong emphasis on quality and craftsmanship. They also design grinding systems and provide a specialist sharpening service.
Financially, Combicut’s report shows a mixed picture. While current assets increased by 8.8% to £7,400,000, net assets decreased by 2.6% to £8,400,000. Bank borrowings remained stable at £56,000, and cash reserves grew by 6.3% to £2,300,000. Creditors increased by 49% to £1,200,000, suggesting perhaps a need for more efficient payment management. Trade debtors also rose significantly, increasing by 10% to £4,800,000. The company’s small size – meeting two of three conditions for being classified as small – helps it remain flexible. No auditor is mentioned, likely due to its status as a small company.
Overall, Combicut appears to be a stable, long-standing business. While the increase in creditors and debtors warrants attention, the company’s asset base and cash reserves suggest it's not currently facing a crisis. The consistent import and export activity indicates a healthy demand for its products and services, and the company's focus on specialized engineering likely provides a degree of insulation from broader economic fluctuations.
Registered in England/Wales under the registration number 01474904, with a registered address at RG4 5BY, Reading, Berkshire, Foundation House, Paddock Road, Caversham.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Walters Keith John
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Walters Keith John
- N/A
- 1
-
Resident of United Kingdom
-
Individual
- Walters Rachel Lauren
- 2 years
-
Resident of United Kingdom
-
Individual
- Walters Sally Louise
- 2 years
-
Resident of United Kingdom
-
Individual
- Walters Lorraine Kathleen
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2023-07-31Download 11 pages pdf report
-
Director's details changed for Miss Rachel Lauren Walters on 2024-07-16Download 2 pages pdf report
-
Director's details changed for Miss Sally Louise Walters on 2024-07-16Download 2 pages 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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FAQ about Combicut Limited
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