Cordex Uk Limited

Cordex Uk Ltd, based in Strood, UK, is a small, active company established 16 years ago. With five employees and £3,612,703 in assets, it’s a family-run business boasting a perfect 5.0 Google rating from a single review. The company operates as a regular importer, specializing in textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables—with 75 months of import activity recorded, the last in March 2025. It has three directors and two owners, and is registered at a real address.

Cordex Uk Ltd is involved in the wholesale of agricultural machinery, equipment, and supplies. While the company's website is unavailable, this suggests a business-to-business model, likely supplying retailers or agricultural businesses. The focus on importing textiles and ropes suggests a supply chain role within the agricultural sector, providing essential materials for various applications.

Financially, Cordex Uk Ltd shows a mixed picture. Current assets increased by 23%, reaching £3,600,000, while net assets grew by 4.8% to £350,000. However, bank borrowings surged by 220%, reaching £160,000, and cash reserves decreased by 35% to £800,000. Trade debtors ballooned by 150%, suggesting potential difficulties in collecting payments, or perhaps an expansion of credit terms. 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 remain nimble, but the increase in debt raises questions. With no auditor mentioned, the unaudited figures rely on director-reported data.

In short, Cordex Uk Ltd is growing, but facing some financial pressures. Its import business remains active, but the increase in debt warrants close monitoring. The company’s family-run nature and focus on agricultural supplies suggest a stable, albeit somewhat traditional, business model.

Registered in England/Wales under the registration number 06763872, with a registered address at ME2 2BD, Strood, Kent, Vulcan House, Priory Road.

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