Cooke Milking Equipment Ltd

Cooke Milking Equipment Ltd, based in Denbigh, UK, is a small, active family business established thirteen years ago. With five employees and £499,397 in assets, the company operates from a real address and is led by two directors and owners. It’s an irregular importer, primarily sourcing machinery, boilers, and mechanical appliances parts, with the last import occurring just two months ago. The company specialises in the repair of machinery.

The business’s website is currently unavailable, so it’s difficult to determine if they engage in e-commerce or operate solely through other channels.

Financially, Cooke Milking Equipment Ltd shows a mixed picture. Current assets have increased by 30% to £500,000, while net assets have grown by 17% to £360,000. Cash reserves have seen a healthy 19% increase to £180,000. However, creditors have risen by a significant 42% to £170,000, and trade debtors have ballooned by 53% to £240,000. Accumulated depreciation impairment has also increased by 28% to £52,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, but prepared in accordance with FRS 102.

The increase in debtors could indicate a delay in customer payments, or perhaps the company has extended credit terms to boost sales. The rise in creditors suggests increased borrowing or supplier payments—a common occurrence for growing businesses. The company’s financial statements were authorised on June 20, 2024.

Registered in England/Wales under the registration number 08075266, with a registered address at LL16 4PY, Denbigh, Clwyd, Gwynllys, Whitchurch Road.

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