Commodity Centre Uk Limited

Commodity Centre Uk Ltd, based in Witham, UK, is a large, active company founded 33 years ago. Employing 70 staff and boasting assets of £3,104,240, it generates a yearly revenue of £15,553,713. The company, which has four directors and one owner, holds a respectable Google rating of 4.0 based on 34 reviews. It’s a holding company, and its registered address is real, with only four companies registered at the same location. Commodity Centre Uk Ltd is an irregular importer of electrical machinery and equipment, with one month of import activity recorded, and a regular exporter of optical and medical tools and devices, with four months of export activity.

The company’s core business appears to be warehousing and storage for land transport activities, as indicated by its description. While no e-commerce presence is immediately apparent from the provided information, the company’s operations suggest a business-to-business model, likely serving industrial clients.

A review of the company's financial data reveals some concerning trends. While turnover remained steady, net assets have fallen significantly, dropping 64% to £120,000. Cash reserves have also declined by 64%, sitting at just £35,000. Bank borrowings have increased, rising by 75%, and trade debtors have fallen by 29%, which could indicate payment issues. Creditors have also decreased, suggesting some improvements in debt management. The company’s workforce has shrunk considerably, with the average number of employees decreasing by 26% to 52. The lack of an auditor is likely due to the company’s small size.

These figures suggest that Commodity Centre Uk Ltd is facing financial pressures. The decrease in net assets and cash reserves, coupled with the increase in bank borrowings, raises questions about the company’s financial health. The reduction in workforce may be a response to these challenges, or a strategic move to streamline operations. It's possible the company is navigating a period of restructuring or adapting to changing market conditions.

Registered in England/Wales under the registration number 02687982, with a registered address at CM8 3EW, Witham, Essex, Commodity House Braxted Road, Great Braxted.

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