Copex Limited

Copex Limited is a small, active company based in Birmingham, UK, established twenty years ago in 2004. With five employees and £76,959 in assets, it operates from a real address and is overseen by three directors and one owner. The company is an irregular importer, primarily dealing in basic metal tools and utensils, with the last import operation occurring just one month ago in October 2024.

Interestingly, Copex Limited’s website reveals a more extensive operation than initially apparent. It’s a civil engineering contractor based in Tanzania, specializing in road and bridge construction, maintenance, and rehabilitation. The company, incorporated in Tanzania under the Companies Ordinance, is a registered Class 2 contractor and emphasizes teamwork, learning, innovation, and quality in its operations. It even boasts a substantial investment in earth-moving equipment and a team of experienced engineers.

Financially, Copex Limited presents a mixed picture. While gross profit increased by a solid 45% to £47,000, net assets declined by 7.7% to £77,000. Cash reserves also fell by 5.6% to £9,500. A significant increase in distribution costs—a 230% jump to £9,800—may indicate increased marketing efforts or rising shipping expenses. Trade debtors also increased considerably, by 30%, to £61,000, which could reflect a delay in customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity suggests a need for careful financial management. The accounts are unaudited, likely due to the company’s small size, so the figures rely on director-reported data.

Registered in England/Wales under the registration number 05253262, with a registered address at B16 0SN, Birmingham, 28 Selwyn Road, Edgbaston.

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