Core Group Limited

Core Group Ltd from Guildford UK: a small holding company with an active status, has been operating for 21 years. Employing 29 people, the company holds £4,745,472 in assets and boasts a real address, managed by four directors and one owner. Its Google rating sits at 3.0 based on 142 reviews, and it’s an irregular importer of machinery, boilers, and mechanical appliances, with a recent import activity recorded one month ago.

The company operates in the other specialised construction activities n.e.c. industries, and is a holding company, meaning it likely owns or controls other businesses. It’s considered a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Its website is non-existent, so it doesn's appear to be involved in e-commerce.

Financially, Core Group Ltd’s performance shows some concerning trends. Accumulated depreciation on property, plant, and equipment increased by 5.9%, particularly in computer equipment. However, cash reserves saw a significant boost, jumping 100% to £750,000. Creditors, however, rose by a substantial 36%, reaching £1.3 million, and net current assets declined by 10% to £3.5 million. Bank borrowings also increased, reaching £15,000. The company’s average number of employees increased by 6.9% to 31. Despite these fluctuations, the company’s equity decreased by 3.6% to £4.1 million. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited financial statements.

The company's reliance on Albury Holdings Ltd as its owner, and the change in ownership four years ago, could be a factor in these financial shifts. While the company's construction focus suggests a stable industry, the rising debt and decreasing equity warrant close monitoring.

Registered in England/Wales under the registration number 05116370, with a registered address at GU5 9BL, Guildford, Surrey, Home Farm Buildings, Shere Road Albury.

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