Condition Monitoring Technology Group Limited

Condition Monitoring Technology Group Ltd from Torrington UK is a large, holding company with an active status, founded 18 years ago. The company employs six people and holds £319,748 in assets, operating from a real address. It’s overseen by six directors and one owner, regularly importing and exporting optical and medical tools and devices—144 months of imports and 164 months of exports.

The company’s core business revolves around precision monitoring solutions, specializing in vibration and acoustic analysis for industries like aviation, power generation, automotive, defence, and manufacturing. It operates as a conglomerate comprising six prominent brands: Beran, Helitune, Semia, SEI, Prosig, and DJB Instruments. Each brand plays a distinct role, with Beran focusing on power generation, Helitune on aerospace, and Prosig enhancing vibration monitoring capabilities. The website highlights a range of services, from rotor track and balance equipment to structural health monitoring and noise measurement systems. It’s clear the company doesn’t operate as a typical e-commerce business, but rather as a provider of specialized engineering services and equipment.

Financially, the picture is a bit mixed. Current assets have fallen by a significant 41%, dropping to £320,000. Trade debtors have also decreased by 42%, reaching £310,000. However, bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have plummeted 200%, dropping to £9,000. Perhaps most concerning is the sharp decline in equity, which has fallen by nearly 50%, reaching £280,000. This suggests the company may be burning through cash, although the lack of auditor information (likely exempt as a small company) means these figures are unaudited. Dividends paid have also fallen by 72%, which could be a sign of financial strain.

The company’s income from other fixed asset investments has also fallen by 72%, which could be a sign of financial strain. It’s likely the company is facing some challenges, but its diverse portfolio of brands and focus on specialized services could provide a buffer against economic headwinds.

Registered in England/Wales under the registration number 05794029, with a registered address at EX38 7HP, Torrington, Devon, Condition Monitoring Group, Hatchmoor Industrial Estate.

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