Corcoran Yates Limited

Corcoran Yates Ltd from Stocksfield UK: a small, active company founded 17 years ago, employs five people, and holds £1,585,189 in assets. It’s a real address with three directors and two owners. The company is an irregular importer of aluminum and aluminum products, with just one month of imports recorded as of April 2024.

The company operates as a specialist problem solver, sourcing, assembling, and delivering challenging engineering projects. They focus on transforming ideas into reality, ensuring the finest components, and providing UK-based assembly and manufacturing services to speed up market entry. Many projects fall outside the scope of larger contractors due to the need for fast turnaround.

Financially, Corcoran Yates Ltd shows some interesting trends. While cash reserves increased by a significant 260% to £1,500,000, net assets have surged by 700% to £1,100,000. However, creditors have dropped by 63% to £460,000, and trade debtors have plummeted by 93% to just £39,000 – a drastic change. The number of employees has increased dramatically, from five to twenty-two, which could be a sign of growth, but also a potential strain on resources. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp increase in employee numbers could be a challenge. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

Registered in England/Wales under the registration number 06402275, with a registered address at NE43 7AL, Stocksfield, Northumberland, Unit 10 Bearl Farm.

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