Cornwallis Limited

Cornwallis Ltd from Tipton, UK, is a small, family-run business with an active status, having been established 38 years ago in 1986. The company employs four people and holds assets totaling £1,410,247. It operates from a real address and is managed by three directors and two owners. Cornwallis Ltd regularly imports electrical machinery and equipment – a consistent activity spanning nine months, with the last import occurring in June 2024 – and occasionally exports miscellaneous metal items, with just one month of export activity recorded back in October 2022.

The company’s website reveals a more detailed picture: Cornwallis Elt is a recruitment agency specializing in technology, digital, and transformation roles. It operates from offices in London and Birmingham, serving clients across the financial services, digital media, professional services, and legal sectors. The website highlights a focus on both contract and permanent placements, and even features a dedicated section for “Women in Tech,” demonstrating a commitment to diversity. The site also mentions a history dating back to 2001.

Financially, Cornwallis Ltd shows a mixed bag. Current assets increased by 11% to £1,400,000, while net assets also grew by 11% to £990,000. Bank borrowings decreased by 13% to £32,000, and cash reserves saw a healthy 23% increase to £300,000. Creditors, however, rose by 23% to £530,000, and other debt increased by 6.1% to £790,000. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the rise in creditors could be a cause for concern. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. It’s a bit strange that the financial report mentions depreciation charges, but it doesn’t seem to have a big impact.

Registered in England/Wales under the registration number 02054937, with a registered address at England, Tipton, West Midlands, Unit 28 Coneygre Industrial Estate.

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