Cornish Concrete Products Limited

Cornish Concrete Products Ltd, based in Truro, UK, is a sizable company holding a significant position within the construction materials sector. Established 46 years ago in 1978, the firm employs 101 people and boasts assets totaling £3,777,499, generating an annual revenue of £13,472,987. It operates as a holding company with an active status, overseen by five directors and five owners. The company enjoys a stellar reputation, evidenced by a 5.0 Google rating based on 31 reviews. Regular importer and exporter of iron or steel products, with four months of each activity recorded.

The company specializes in the design and manufacture of bespoke precast concrete products, serving a wide range of sectors. Its website highlights a commitment to award-winning design and high-quality manufacturing, with a 9-acre site and a team of over 100 employees. They offer architectural and structural solutions, including hollowcore flooring, feature staircases, and twin walls. The company also emphasizes sustainability, meeting BSE 6001 Responsible Sourcing criteria.

Financially, Cornish Concrete Products Ltd presents a mixed picture. Creditors decreased by 10%, while bank borrowings increased by 17%. The company’s net assets declined by 7%, and accumulated depreciation increased by 9%, suggesting investment in plant and machinery. Cash and bank balances decreased by 18%, while administrative expenses increased by 18%, reflecting growing operational costs. Despite these challenges, the company’s turnover remained relatively stable. The lack of an auditor mentioned suggests the company is exempt due to its size.

The company’s focus on bespoke solutions and its commitment to quality have earned it a strong reputation within the industry. However, the financial data indicates a need for careful management of costs and working capital to ensure long-term sustainability.

Registered in England/Wales under the registration number 01395283, with a registered address at TR4 8QZ, Truro, Cornwall, Point Mills, Bissoe.

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