Compliancemate Limited

Compliancemate Ltd, based in Bexleyheath, UK, is a small, active company founded seven years ago. With two employees and £208,713 in assets, it operates from a real address and is managed by a single director, though no owners are officially listed. The company irregularly imports electrical machinery and equipment (one month of activity in 2021) and exports optical and medical tools and devices (two months of activity, most recently in October 2024). It provides temperature monitoring systems for the food safety industry, now part of a larger brand called Ladle.

The company's website highlights its focus on automated HACCP workflow, temperature sensor monitoring, and data reporting. It serves various industries, including restaurants, retail, foodservice, healthcare, and education, offering solutions to improve operational efficiency, food safety, and reduce food loss. Testimonials from clients praise the system's ease of use, real-time feedback, and proactive problem-solving capabilities. The website also features a blog with articles on food safety trends and regulations.

Financially, Compliancemate Ltd shows some concerning trends. While cash reserves increased by 28% to £5,200, current assets declined by 14% to £210,000. Net assets plunged 93% to just -£1,100, a significant drop. Bank borrowings decreased by 31% to £16,000, and creditors also fell by 17% to £190,000. The company's small size (meeting two of three criteria for a small company) helps with agility, but the sharp decline in equity raises questions about its financial health. The unaudited figures, and lack of an auditor mentioned, rely on director-reported data.

The company’s irregular import and export activity, coupled with the financial downturn, suggests it may be burning through cash. While the food safety focus and integration with Ladle offer potential for growth, Compliancemate Ltd needs to address its financial challenges to ensure its long-term viability.

Registered in England/Wales under the registration number 11289372, with a registered address at DA7 5AB, United Kingdom, Bexleyheath, 4 Silverdale Road.

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