Connex Offsite Limited

Connex Offsite Ltd, based in Newry, UK, is a small, active company founded seven years ago. Employing 41 people and boasting assets of £4,092,972, it operates from a real address within the Carnbane Industrial Estate. While it has five directors, there are no reported owners, a somewhat unusual situation. The company holds a perfect 5.0 Google rating based on two reviews, indicating high customer satisfaction. It’s an irregular importer, with its top category being glass and glassware, though only one month of imports was recorded as far back as August 2019. The company operates in the construction industry, specifically manufacturing bespoke bathroom pods for residential projects.

Connex Offsite’s website highlights its focus on design and innovation, positioning itself as a leading manufacturer of these modular bathroom units. It caters to a range of budgets, from social housing to luxury apartments, and showcases numerous projects, including large-scale developments like Royal Eden Dock and Axe Street in Barking. The website emphasizes flexibility, personalized service, and a customer-centric approach, and even includes testimonials from satisfied clients, praising Connex’s professionalism and collaborative spirit. The company’s website also features a gallery of finished bathroom pods, demonstrating its commitment to quality and design.

Financially, Connex Offsite Ltd presents a mixed picture. While net assets increased by 21% to £2,100,000, cash reserves decreased by 24% to £710,000. Trade creditors have increased substantially, ballooning by 170% to £800,000, suggesting a reliance on credit from suppliers. Bank borrowings have also increased significantly, though the exact figures are not available. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the increased debt raises questions about its financial sustainability. The company is exempt from an audit, so the figures are unaudited. Overall, Connex Offsite Ltd appears to be a growing business, but it needs to manage its debt effectively to ensure long-term success.

Registered in Northern Ireland under the registration number NI649510, with a registered address at BT35 6JQ, United Kingdom, Newry, Down, Unit 7 Shepherds Drive, Carnbane Industrial Estate.

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