Con Mech Durham 1 Limited

Con Mech Durham 1 Ltd, based in County Durham, UK, is a sizable company holding a prominent position as a holding company. Established 36 years ago in March 1989, it currently employs 12 people and boasts assets totaling £295,627. With four directors and one owner, the company maintains a real address and enjoys a stellar 5.0 Google rating based on three reviews. Its business model involves irregular imports of railway and tramway vehicles and parts (one month imported) and regular exports of iron or steel products (seven months exported).

The company’s website reveals Con Mech to be a manufacturer and heat treatment specialist, focusing on ground engaging tools. They've been producing these tools since 1949, and their British brand emphasizes experience and metallurgical expertise. The site details a wide range of products, from Blademaster edges to excavator ground engaging tools, and even offers heat treatment services, including furnaces and polymer quenching. They also provide bespoke design and manufacture, and even badge parts with customer names.

Financially, Con Mech Durham 1 Ltd shows some concerning trends. Accrued liabilities increased significantly by 120%, while deferred tax expense credit rose by 20%. Bank borrowings, however, fell dramatically by 100%, and cash reserves jumped a remarkable 27,000%. While net assets increased by 2.6%, the company’s director remuneration decreased by a large 64%. The company meets two of the three criteria for a large company, with turnover over £36 million, balance sheet total over £18 million, and employees over 250. The lack of an auditor is likely due to the company's size, meaning the financial statements are unaudited.

These figures suggest Con Mech may be facing some cash flow challenges, despite its strong reputation and diverse service offerings. The company’s long history and focus on specialized manufacturing, however, provide a solid foundation for continued success.

Registered in England/Wales under the registration number 02354725, with a registered address at DL1 2NJ, County Durham, Dodsworth Street, Darlington.

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