Compac Uk Limited

Compac UK Limited, based in Wakefield, UK, is a small, family-run business with an active status. Established seventeen years ago in 2007, it employs seven people and holds £1,124,947 in assets. With two directors and two owners, and a perfect 5.0 Google rating from thirteen reviews, it’s a well-regarded operation. The company regularly imports iron or steel products, with seven months of import activity recorded, the latest in September 2024.

The company’s website, COMPAC, showcases a range of decorative surfaces made from obsidian, marble, and quartz. It’s a global business with showrooms and operations in multiple countries, emphasizing luxury collections, project collaborations, and a commitment to quality and customer service. The website also highlights a focus on sustainability and ethical practices, with sections dedicated to corporate social responsibility and environmental commitment. It’s clear that Compac is a well-established player in the stone industry, with a strong brand identity and a global reach.

Financially, Compac UK Limited presents a mixed picture. Current assets have decreased by 22%, while net assets have plummeted 170% to -£1,300,000. Bank borrowings have increased by 30%, reaching £2,300,000, and cash reserves have fallen 22% to £76,000. Trade debtors have decreased by 53%, suggesting improved collection efforts, but creditors have risen by 24% to £2,400,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline raises concerns. There’s no auditor mentioned, so the figures are unaudited.

Overall, Compac UK Limited appears to be navigating a challenging financial landscape. While its parent company boasts a global presence and a strong brand, the UK subsidiary is facing pressures. It’s likely that the company is working to manage its debts and improve its profitability, but the long-term outlook remains uncertain.

Registered in England/Wales under the registration number 06320910, with a registered address at WF2 8PT, Wakefield, West Yorkshire, Unit 6 Diamond House, Thornes Moor Road.

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