Compact Orbital Gears Limited

Compact Orbital Gears Ltd, based in Worcester, UK, is a small holding company with an active status. Established 23 years ago in 2001, it employs 41 people and holds assets totaling £909,253. The company operates from a virtual address – a fact highlighted by the presence of 21 other companies registered at the same location – and is managed by two directors and a single owner. It regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 16 months of import activity and 15 months of export activity recorded.

The company's website is not available, making it difficult to determine if it operates an e-commerce platform or provides services directly. However, the company operates in the manufacture of bearings, gears, gearing and driving elements industries.

Financially, Compact Orbital Gears Ltd presents a mixed picture. While current assets remain steady at £909,253, net assets have taken a hit, decreasing by 60% to -£1,000,000. Bank borrowings have increased by 100%, reaching £100,000, and cash reserves have fallen by 98%, leaving just £2,000. Trade debtors have decreased by 60%, suggesting better debt collection, while creditors have risen by 10%, indicating increased short-term liabilities. The company meets the criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Accounts are overdue by three months, which is a concerning sign. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Compact Orbital Gears Ltd is facing financial pressures, despite its established presence in the market. The company's reliance on imports and exports, coupled with the increased liabilities, suggests it’s burning through money, and the overdue accounts are a red flag.

Registered in England/Wales under the registration number 04305854, with a registered address at WR3 8YB, United Kingdom, Worcester, Unit 15c Blackpole East, Blackpole Road.

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