Compact Rails & Systems Limited

Compact Rails & Systems Ltd, based in Redruth, UK, is a small, active company founded twelve years ago. With four employees and £38,953 in assets, it operates from a real address in Cornwall and is managed by two directors and one owner. The company is primarily an exporter, regularly shipping textile products, sets, used clothing, and rags over the last fourteen months, with a single import operation recorded one month ago. It’s described as operating in the manufacture of soft furnishings industries.

The company’s website is unavailable, making it difficult to assess its online presence or e-commerce activities. It’s unclear if they have an online store or rely solely on wholesale or trade sales.

Financially, Compact Rails & Systems Ltd presents a mixed picture. While net assets increased by a significant 160%, reaching £28,000, some areas show signs of pressure. Cash bank on hand jumped considerably to £20,000, which is good, but bank borrowings decreased by 34% to £3,800. Trade debtors decreased significantly, dropping by 56% to £5,200, which could indicate better collection practices, or perhaps a slowdown in sales. Creditors also decreased by 34%, to £3,800, suggesting improved debt management. The average number of employees during the period decreased by 25%, falling to three—a potentially concerning trend. Deferred tax liabilities increased by 17%, to £2,200. The company is classified as small, meeting two of three criteria for size (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). As a small company, it’s likely exempt from an audit, and the figures are unaudited.

The company’s financial data suggests a period of adjustment. While equity has grown substantially, the reduction in employees and the decline in trade debtors warrant further observation. The increase in cash reserves is a positive sign, but the company will need to maintain this momentum to ensure long-term financial health.

Registered in England/Wales under the registration number 08349463, with a registered address at TR16 5HY, England, Redruth, Cornwall, Unit 2 , Ringway House, United Downs Industrial Park.

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