Containex Uk Ltd

Containex Uk Ltd is a London-based company, active since its founding four years ago in November 2020. This large company, meeting two of three conditions for classification (turnover exceeding £36 million and assets over £18 million), holds £8,896,176 in assets and generates £29,542,898 in yearly revenue. However, the registered address is a virtual one, as 853 companies share the same location, and there are no officially listed owners, only two directors. The company regularly imports iron or steel products (130 months, last import January 01, 2025) but exports them irregularly (2 months, last export September 01, 2021). They operate in the wholesale of machinery and equipment.

The company's website is currently unavailable, returning a "Request Rejected" error. This makes it difficult to assess their online presence and sales strategy.

Financially, Containex Uk Ltd shows some concerning trends. While cash bank on hand increased by 12% to £770,000, administrative expenses rose significantly by 17% to £2,500,000. Debtors have increased dramatically, up 110% to £6.5 million, which could indicate issues with customer payments or a deliberate strategy to extend credit terms. Net assets, however, only increased by 16% to £680,000. The company’s bank borrowings also increased substantially, up 43% to £6.1 million. Perhaps this is to support increased sales. The lack of employees reported (zero) suggests a lean operation, but the rising costs and debt levels are worth monitoring. The accounts are audited by Blick Rothenberg Audit LLP. Overall, Containex Uk Ltd appears to be growing, but it's burning through cash faster than it’s accumulating it, and the rising debt levels are a potential concern.

Registered in England/Wales under the registration number 13032217, with a registered address at WC2B 5AH, United Kingdom, London, 16 Great Queen Street, Covent Garden.

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