Component Coating And Repair Services Limited

Component Coating and Repair Services Limited, based in Newbury, UK, is a large, holding company with an active status. Founded 30 years ago in 1994, the company employs 73 people and holds £2,806,857 in assets, generating £5,025,141 in yearly revenue. It operates from a real address and is overseen by six directors and one owner. Curtiss Wright Controls Uk Ltd owns the company. The company has a perfect 5.0 Google rating based on two reviews. It regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 65 months of import activity and 88 months of export activity.

The company’s website describes it as operating in the treatment and coating of metals industries. It doesn’t appear to be an e-commerce operation, but rather a business-to-business provider of specialized coating services. The website details various coating processes and materials, catering to industrial clients.

Financially, Component Coating and Repair Services Limited shows a mixed picture. Current assets have fallen by a significant 50%, dropping to £2.8 million, while net assets have also decreased by a considerable 70%, settling at £1.3 million. Bank borrowings have increased, reaching £1.6 million, and cash reserves have declined by 44%, leaving £1.1 million. However, creditors have decreased by 21%, suggesting improved debt management. The company meets two of three criteria to be considered a small company, which explains the lack of an auditor.

Despite the drop in assets and cash, the company's revenue remains strong, indicating ongoing business activity. The increase in bank borrowings may reflect investments in equipment or expansion. The decrease in creditors suggests the company is managing its short-term liabilities effectively. The lack of a formal audit means the figures are unaudited, but the overall picture suggests a company facing challenges but still operating.

Registered in England/Wales under the registration number 02990705, with a registered address at RG14 5TU, United Kingdom, Newbury, Berkshire, C/O Metal Improvement Company, Llc, Hambridge Lane.

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