Corinium Continuous Limited

Corinium Continuous Ltd from Swindon UK: a small holding company with an active status, was founded 34 years ago. The company employs just two people and boasts a real address, managed by four directors and one owner. It’s an irregular importer of paper and paperboard products, with just one month of imports recorded in the last year.

The company specializes in the manufacture and personalisation of cheque and credit books, alongside the printing of various banking security documents. It operates an in-house design service and is working towards being more environmentally friendly. A key feature is its ability to produce secure print, including ISF (Unique Coded Number) on cheques, and it even provides a cheque and credit book ordering portal for banks and financial institutions. The website details its accreditation and services, including printing, personalisation, secure storage, direct mailing, and secure delivery.

Financially, Corinium Continuous Ltd shows some concerning trends. Accumulated amortisation impairment for intangible assets increased by 12%, and depreciation for property, plant, and equipment rose significantly – 800% for office equipment and 150% for plant machinery. Amounts owed by group undertakings decreased by a large 69%, and creditors fell by 59%. However, bank borrowings surged, and net assets plummeted by 120%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The sharp decline in equity and increase in bank borrowings suggests the company may be facing financial pressures, though it’s difficult to say for sure without more information.

Registered in England/Wales under the registration number 02599458, with a registered address at SN3 4AG, United Kingdom, Swindon, 11 Avro Gate, South Marston Park.

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