Compact Instruments Limited

Compact Instruments Ltd, based in Bolton, UK, is a small, active company founded 21 years ago. The company, with fifteen employees, holds £571,705 in assets and operates from a real address. It’s a solo-founded operation managed by one director and owner. The business runs an e-commerce site and regularly imports and exports optical and medical tools and devices, with 3 months of import activity and 155 months of export activity recorded.

The company’s website showcases a wide range of products, including handheld tachometers, laser chronometers, electronic stethoscopes, and force gauges, catering to industries like manufacturing, engineering, and testing. It also distributes products from brands like Advent, Concorde, Sauter, and Vibration Meters. The site highlights its commitment to quality, offering calibration services, and providing technical support. It even has a section detailing its certifications, including ATEX, IECEx, and ISO 9001, demonstrating its adherence to industry standards.

Financially, Compact Instruments Ltd presents a mixed picture. While bank borrowings decreased by 20%, cash reserves also fell by 18% to £340,000. Trade debtors increased by 40% to £84,000, suggesting a potential challenge in collecting payments. Creditors also rose by 35% to £26,000. 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 increase in trade debtors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Compact Instruments Ltd appears to be a stable, niche player in the measurement and testing equipment market, but the increase in trade debtors is something to keep an eye on.

Registered in England/Wales under the registration number 04795150, with a registered address at BL3 2AB, Bolton, Lancashire, 61-65 Lever Street.

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