Contrec Ltd

  • Small
  • Active
  • 13 years
  • 8 employees
  • £1,297,251 (assets)
  • Real address
  • 4 directors
  • 1 owner
  • Regular importer
  • Regular exporter
  • Rating 5.0 (1)

Field of Operation

Manufacture of computers and peripheral equipment
26200 1225 companies

Website

Social media

Phones

Summary

Contrec Ltd from Elland UK: a small, active company founded thirteen years ago, employs eight people, and holds £1,297,251 in assets. It has a real address, is overseen by four directors and one owner, and enjoys a perfect 5.0 Google rating based on one review. The company regularly imports electrical machinery and equipment (36 months) and exports optical and medical tools and devices (139 months).

Contrec Ltd operates in the manufacture of computers and peripheral equipment industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website is not available for analysis.

Financially, Contrec Ltd’s performance shows a mixed picture. Current assets decreased by 16% to £1,300,000, while net assets fell 21% to £890,000. Bank borrowings remained steady at £32, and cash reserves dropped 37% to £230,000. Creditors decreased by 5.6%, suggesting better debt management. Profit and loss went from a positive £110,000 to a negative £140,000 – a significant shift. The company’s small size helps it stay agile, but the equity drop and the negative profit raise questions. No auditor is mentioned, likely due to the company’s exemption as a small company.

The company’s trade debtors have decreased by 15%, which could be a sign of improved collections or a shift in credit policies. The company’s fixed assets have also decreased, which could be due to depreciation or asset sales. The company’s intangible assets have decreased significantly, which could be due to amortization. It's unclear if these trends are sustainable, but they suggest the company is facing financial challenges.

Registered in England/Wales under the registration number 07802714, with a registered address at HX5 9HB, England, Elland, West Yorkshire, Unit G8 Navigation Close, Lowfields Business Park.

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

Owners & PSC

  • 8 years
  • 2
  • 50%+

Managers

  • 8 years
  • 6
Director
Director
  • 12 years
  • 2
Director
  • 13 years
  • 3
Secretarial services

Last reports

Download the last financial report
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Last news

  1. Registered office address changed from Riverside Canal Road Sowerby Bridge West Yorkshire HX6 2AY to Unit G8 Navigation Close Lowfields Business Park Elland West Yorkshire HX5 9HB on 2025-01-22
  2. Director's details changed for Mr Craig Steven Naylor on 2025-01-22
  3. Total exemption full accounts made up to 2024-03-31
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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Last exported products

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Buy the list of 6837 UK B2B buyers of optical and medical tools and devices.
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