Coprisystems Limited

Coprisystems Ltd, based in Devizes, UK, is a small, active company established 36 years ago in 1989. With seven employees and £610,533 in assets, it’s a long-standing business with a real address and four directors, although it's run by a solo founder. It boasts a stellar 5.0 Google rating based on two reviews. The company primarily imports iron or steel products, though it’s an irregular importer, with only one month of import activity recorded as of May 2024.

Coprisystems Ltd operates within the non-specialised wholesale trade industries. It owns a company called Colenso Developments Limited and has previously been known as Coprisystems (industrial) Limited and Copris Systems Limited. Its website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond its import activity.

Financially, Coprisystems Ltd presents a mixed picture. Current assets have increased significantly, jumping 180% to £610,000, while bank cash has decreased by a substantial 72% to £45,000. Trade debtors have soared by an incredible 950%, reaching £470,000, which could indicate expanding sales but also potential issues with collecting payments. Creditors have also increased considerably, rising 110% to £870,000. Equity has decreased by 22%, dropping to £260,000. The company’s size – meeting two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – helps it remain flexible, but the decline in equity warrants further investigation. As a small company, it's exempt from an audit, so the financial statements are unaudited. The company’s net losses deepened, while cash reserves plummeted 71% to just £4,100. Trade debtors have soared by an incredible 950%, reaching £470,000, which could indicate expanding sales but also potential issues with collecting payments.

Registered in England/Wales under the registration number 02350205, with a registered address at SN10 5UE, England, Devizes, Wiltshire, Cdl Business Park Lower Road, Erlestoke.

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