Corodine Limited

Corodine Ltd from Lancing Business Park UK is a small, active company founded 43 years ago. With 15 employees and £455,259 in assets, it’s a well-established business boasting a perfect 5.0 Google rating from a single review. It’s a real address, run by two directors and one owner, and operates as an irregular importer, with no imports recorded in the last 14 months.

The company’s website, corodine.co.uk, details a metal finishing service based in Lancing, England. It’s a private limited company, and the site highlights expertise in non-ferrous metal production, including specialist coatings and surface treatments. While the site doesn’s offer e-commerce functionality, it does present a professional image and showcases the company’s capabilities.

Financially, Corodine Ltd presents a mixed picture. Accumulated depreciation on motor vehicles increased by 16%, while plant machinery saw a 13% decrease. The number of employees has risen significantly, increasing by 33% to 20, which is a little concerning. Cash bank on hand increased slightly by 5%, and creditors decreased by 5.5%, suggesting improved debt management. Equity has increased by 26%, which is a positive sign. However, net current assets liabilities increased by 59%, which could indicate some financial strain. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. The accounts are unaudited, and no auditor is mentioned.

Overall, Corodine Ltd seems to be a stable, long-standing business, but the increase in employees and the rise in liabilities should be monitored. The company’s focus on metal finishing and its established presence in the industry suggest a solid foundation, but it’s important to keep an eye on its financial health.

Registered in England/Wales under the registration number 01617392, with a registered address at BN15 8TH, England, Lancing Business Park, Lancing, 2.14 Peter Road, Commerce Industrial Estate.

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