Comyn Ching & Co. (solray) Limited

Comyn Ching & Co. (solray) Limited, based in Gorseinon, UK, is a small, holding company with an active status. Established 49 years ago in 1976, the company employs 42 people and holds £610,166 in assets. It operates from a real address at the Garngoch Industrial Estate and is overseen by four directors and one owner. Google users rate it 5.0 stars based on two reviews. The company is an irregular importer of aluminum and aluminum products, with one month of import activity recorded, and an irregular exporter of electrical machinery and equipment, with two months of export activity.

The company’s website showcases Solray Radiant Heating Panels, offering cost-effective heating solutions for modern buildings. The site highlights the benefits of radiant heating, including space-saving design and improved energy efficiency. It also features testimonials from satisfied customers and provides technical information, BIM models, and a product selector. The website clearly positions Solray as a specialist in radiant heating technology, catering to education, healthcare, and commercial sectors.

Financially, Comyn Ching & Co. (solray) Limited’s recent performance presents a mixed picture. Current assets have decreased by 16% to £610,000, while net assets have also fallen by 5% to -£170,000. Bank borrowings remain relatively stable at £5,600, but cash reserves have significantly dropped by 68% to £37,000. Creditors have decreased by 10%, which could indicate better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises concerns. The accounts are unaudited, as is common for small companies.

The company’s reliance on irregular import and export activity suggests a fluctuating revenue stream. While the website projects a strong brand and focus on radiant heating technology, the financial data reveals a company facing challenges. The absence of a named auditor further complicates the picture, leaving the financial health reliant on director-reported figures.

Registered in England/Wales under the registration number 01254878, with a registered address at SA4 9WF, Gorseinon, Swansea, Solray Works Phoenix Way, Garngoch Industrial Estate, Gorseinon.

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