Concept Conversions Limited

Concept Conversions Ltd, based in Northampton, UK, is a small holding company with an active status, having been incorporated 31 years ago in September 1993. The company employs 13 people and holds £837,786 in assets. It operates from a virtual address, registered at Century House, 1 The Lakes, NN4 7HD, though 121 companies are registered at the same address. Four directors oversee the business, which is owned by Concept Conversions Holdings Ltd.

Concept Conversions Ltd is involved in importing stone, plaster, cement, and similar material products, and exporting electrical machinery and equipment. While the import activity has been irregular, with just one month of imports recorded in April 2023, the export activity is similarly infrequent, with the last operation occurring in January 2022. The company’s website showcases its role as “independent converters of insulation materials,” adapting quickly to meet customer needs. It provides design projects, offers winning strategies, tracks analytics, and prides itself on friendly customer service. The website also highlights its long history, dating back to 1993, and its expertise in fire and acoustic cavity barriers, linear gap seals, and suspended ceiling insulation.

Financially, Concept Conversions Ltd presents a mixed picture. While cash reserves fell by 41% to £230,000, trade debtors increased by 7.5% to £380,000. Creditors decreased by 28% to £330,000, suggesting improved debt management. Net assets increased by 7.8% to £540,000. The company’s small size, meeting two of three criteria for being a small company, helps it remain agile. However, the increase in bank borrowings by 2,400% to £29,000 and the decrease in cash reserves are concerning. The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements. It's likely that the company is facing some pressures, but the business is holding steady.

Registered in England/Wales under the registration number 02854924, with a registered address at NN4 7HD, United Kingdom, Northampton, Century House, 1 The Lakes.

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