Constant Group Ltd

Constant Group Ltd, based in Oldham, UK, is a small holding company with an active status, celebrating 54 years since its founding in 1970. Employing 93 people, the company holds £1,417,964 in assets and operates from a real address at Constant Meadow Bank Business Park. It's led by three directors and has one owner, boasting a respectable Google rating of 4.0 based on 21 reviews. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with recent activity recorded just two months ago.

The company's operations seem to revolve around the manufacture of various metal products and communication equipment, including telegraph and telephone apparatus. While a website isn't available to analyze, the business likely operates through B2B sales, supplying components or finished goods to larger manufacturers. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Looking at the financial data, Constant Group Ltd’s current assets have decreased by 6.2% to £1,400,000, while net assets remained stable at £2,200,000. Bank borrowings have increased by 5.9% to £820,000, and cash reserves have fallen by 46% to £300,000. Trade debtors have risen by 21%, suggesting a potential delay in customer payments, and creditors have increased by 14% to £1,700,000. The company’s bank borrowings are secured. A significant decrease in depreciation impairment property plant equipment was also observed, which could be a result of leased assets.

The company is exempt from an audit, and the figures are unaudited. Overall, Constant Group Ltd appears to be navigating a period of change, with some financial headwinds but also signs of stability. The increase in borrowings and decrease in cash reserves could be linked to investments in new equipment or expansion efforts, but it’s also worth monitoring the trend in trade debtors.

Registered in England/Wales under the registration number 00983211, with a registered address at OL9 8EH, Oldham, Constant Meadow Bank Business Park, Junction 22, Tweedale Way.

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