Companyblue Ltd

Companyblue Ltd, based in Coventry, UK, is a small, active company established thirteen years ago. With four employees and £396,952 in assets, it operates from a real address and is overseen by one director and owner. A 4.0 Google rating from 25 reviews suggests a positive customer experience. The company regularly imports electrical machinery and equipment, with the last import operation occurring in November 2024.

Companyblue Ltd’s website showcases a wide range of towel rails and radiators, primarily electric models, catering to both residential and commercial customers. It's clearly an e-commerce business, with a focus on designer radiators and accessories. The site offers various sizes, finishes (black, chrome, white, anthracite), and functionalities (dual fuel, curved, wifi-enabled), indicating a targeted approach to the market.

Financially, Companyblue Ltd's report reveals a mixed picture. Current assets have decreased by 15% to £400,000, while net assets have increased by 2.4% to £680,000. Bank borrowings have increased by nearly 5%, reaching £250,000, and cash reserves have fallen significantly by 79% to just £19,000. Trade debtors have also dropped considerably, suggesting improved collection of payments. Loans from directors have increased substantially, rising by over 500% to -£29,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in cash reserves and increase in bank borrowings are worth noting. As a small company, it is exempt from an audit, and the figures are unaudited.

The trends suggest a company that’s growing, but potentially facing some cash flow challenges. The focus on a niche product—heated towel rails and radiators—and the strong online presence are positives, but managing working capital will be key to its continued success.

Registered in England/Wales under the registration number 07966259, with a registered address at CV7 9NH, England, Coventry, Unit 1 3 Crondal Road, Exhall.

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