Conturo Ltd

Conturo Ltd, based in Paisley, UK, is a small, active company founded eleven years ago in 2013. With three employees and £173,079 in assets, it operates from a real address and is managed by three directors and one owner. Google reviews give it a perfect 5.0 rating based on a single review. The company is an irregular importer of wood and wood products, with its last import operation occurring one month ago in July 2023.

The company’s website is currently unavailable, so it’s difficult to determine the full scope of its operations beyond what's publicly available. However, the company description indicates it operates in the other construction installation industries.

Financially, Conturo Ltd shows a mixed picture. Accumulated depreciation on computer equipment rose by 18%, furniture fittings by 50%, motor vehicles by 43%, plant and machinery by 54%, and total depreciation by 45%. Advances to directors increased by 31%, while bank borrowings decreased by 44% on non-financial instruments. Cash bank on hand fell by 47%, and corporation tax payable rose by 9.2%. Creditors remained relatively stable, but other creditors increased dramatically by 490%. Trade debtors decreased significantly by 47%, and value tax payable decreased by 62%. Property plant equipment gross cost increased by 1.4%, and total additions increased by 0.0%. Net assets declined by 6.9%, and net current assets increased by 1.9%.

The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity and cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s recent changes to its director list, just one month ago, suggest a period of transition.

Registered in Scotland under the registration number SC463132, with a registered address at PA3 4DF, Scotland, Paisley, Unit 3 123 Abercorn Street.

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