Cornerstone Systems Ltd.

Cornerstone Systems Ltd, based in Staffordshire, UK, is a small, active company founded 39 years ago. With seven employees and £112,089 in assets, it’s a well-established business operating from a real address. The company is led by three directors and owned by two individuals, holding a Google rating of 4.0 based on three reviews. Cornerstone Systems is an irregular importer, with its top import category being electrical machinery and equipment, totaling 2 months of imports.

The company specializes in temperature monitoring solutions for agriculture, composting, biomass, and building applications. Its website highlights systems designed for bulk vegetable storage, composting processes, biomass pellet storage, and building environments. The company manufactures and installs monitoring systems, offering wireless and wired solutions for various needs. They offer solutions for bulk vegetable storage, composting, and biomass pellet storage.

Financially, Cornerstone Systems Ltd shows some concerning trends. While cash reserves jumped a staggering 280,000%, this is likely a one-off event and not indicative of consistent profitability. Current assets have fallen by a significant 50% to £110,000, and net assets have also declined, dropping 73% to £25,000. Bank borrowings have decreased by 37%, suggesting better debt management, but trade debtors have plummeted 64%, which could indicate issues with customer payments. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decrease in equity is something to watch. There’s no auditor mentioned, which is common for small companies, so the figures are unaudited.

Overall, Cornerstone Systems Ltd seems to be facing some financial pressure, despite its long history and positive Google rating. The company’s focus on niche temperature monitoring solutions and its established presence in the market could help it weather these challenges, but careful management will be key.

Registered in England/Wales under the registration number 02010515, with a registered address at ST15 8LQ, Staffordshire, Whitebridge Way, Stone.

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