Core Equipment Ltd

Core Equipment Ltd from Towcester UK: a small holding company with an active status, was founded fourteen years ago in 2011. The company employs eleven people and holds £1,241,215 in assets. It has a real address, one director, and one owner. Core Equipment Ltd regularly imports machinery, boilers, and mechanical appliances, parts, having imported for 143 months, with the last import operation made on February 01, 2025. It also regularly exports these same items, having exported for fourteen months, with the last export operation made on February 01, 2024.

The company’s website reveals it’s a supplier of innovative technology for drinks producers, operating through a comprehensive online catalogue. It doesn’t appear to be a direct e-commerce site; instead, it acts as a distributor, showcasing a wide range of equipment from various manufacturers. The site is broken down into categories such as beer, juice, cider, wine, and spirits, with subcategories for specific equipment like agitators, bottle fillers, pneumatic presses, and tanks. A blog section highlights industry news and supplier spotlights, suggesting a focus on building relationships within the drinks production sector.

Financially, Core Equipment Ltd’s recent performance shows some concerning trends. Accumulated amortisation impairment for intangible assets increased by 37%, while accumulated depreciation impairment for property, plant, and equipment rose by 24%. Cash reserves took a significant hit, falling 58% to £500,000. Creditors also decreased by 37%, and trade debtors decreased by 4.1%. The number of employees increased by 27% to fourteen. These changes, combined with a 99% drop in retained earnings, suggest the company is facing challenges maintaining its equity base. 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 flexible, but the sharp decline in net assets is something to keep an eye on. With no auditor mentioned, the financial statements are unaudited.

In conclusion, Core Equipment Ltd seems to be a well-established distributor in the drinks production industry, but its recent financial results indicate a need for careful management. The company’s reliance on external manufacturers and its focus on relationship-building could be strengths, but the declining equity base warrants attention.

Registered in England/Wales under the registration number 07570539, with a registered address at NN12 8FU, England, Towcester, Unit 1140 Silverstone Park Buckingham Road, Silverstone.

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