Core Europe Ltd

Core Europe Ltd is a small, active company based in Bristol, UK, founded six years ago in 2018. With two employees and £69,166 in assets, it operates with a yearly revenue of £68,000. The company has two directors and two owners, and its registered address is a real one, with only one other company registered there. It's an irregular importer, primarily dealing in optical and medical tools and devices, with its last import operation occurring one months ago in September 2022.

The company’s website showcases a range of services, including laboratory equipment supply, proficiency testing, calibration, and consultancy for quality management and regulatory requirements. It appears to operate an e-commerce site, with services listed at a fixed price of $19.99 per hour. The website highlights a focus on supporting businesses in the UAE, providing overseas products and services with cost-effective delivery. A blog post about remote meetings suggests a focus on customer engagement and thought leadership.

Financially, Core Europe Ltd shows a mixed picture. While current assets increased slightly to £69,000, turnover plummeted by 50% to £68,000, a significant drop. Cash bank on hand decreased by 30% to £9,000, and net losses deepened to £5,100. Creditors increased by 12% to £34,000, and bank borrowings increased by 2,400% to £29,000. 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 stay agile, but the sharp revenue decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Core Europe Ltd seems to be facing some financial pressure, despite its niche services and online presence. Whether it can sustain its operations and growth remains to be seen, but it's clear that the company is navigating a challenging economic climate.

Registered in England/Wales under the registration number 11423020, with a registered address at BS16 3SN, England, Bristol, 138 Forest Road, Fishponds.

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