Contax Automation Limited

Contax Automation Limited, based in London, UK, is a small, active company established 43 years ago in 1982. With two employees and £195,138 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances, with a focus on parts – 7 months of imports and 14 months of exports recorded.

The company’s website showcases a diverse range of industrial automation solutions, including volumetric dispensing, selective soldering, industrial ovens, and robotic systems. It caters to manufacturing companies, machine builders, and integrators, offering equipment, machine kits, and bespoke solutions. The website highlights technical support, flexible solutions, and a focus on customer engagement, encouraging early project involvement. It even has a section for conveyors, including shuttleworth, belt, and roller types, demonstrating a broad range of offerings.

Financially, Contax Automation Limited presents a mixed picture. While cash bank on hand increased by 24% to £190,000, bank borrowings grew significantly by 38% to £130,000. Creditors also increased by 38% to £130,000, suggesting a reliance on credit. However, debtors decreased by 19%, which could indicate improved cashflow management. Net assets, however, declined by 9.8% to £62,000, reflecting a reduction in retained earnings. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is listed, which is common for small, exempt companies.

Overall, Contax Automation Limited seems to be navigating a period of change. The increased borrowing and creditor levels, coupled with the decrease in net assets, suggest the company is investing in its business. It's a small operation, but it's been around for a long time, which is a good sign.

Registered in England/Wales under the registration number 01607632, with a registered address at W5 3BU, London, 8 The Ridings.

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