Corrotherm International Ltd

Corrotherm International Ltd, based in Pinner, UK, is a small holding company with an active status. Founded 29 years ago in 1996, it employs 18 people and holds £6,333,732 in assets. The company operates from a virtual address, a detail flagged by the fact that sixteen other companies are registered at the same location. It’s managed by six directors and has one owner, though this figure may not be exhaustive. Corrotherm International Ltd regularly imports and exports nickel and nickel products—134 months of import activity and 306 months of export activity recorded, with the most recent transactions occurring in February 2025.

The company’s website is currently unavailable, making it difficult to determine the specifics of its online presence or e-commerce activities. However, its registration details indicate it operates within the wholesale of metals and metal ores industries.

A review of the company’s financial data reveals a mixed picture. While net assets increased by 13%, from £1,100,000 to £1,300,000, cash reserves fell by 140%, to £49,000. Bank borrowings decreased by 33%, to £200,000, suggesting improved debt management. Trade debtors increased by 15%, to £4,900,000, which could be a positive sign of growing sales, but it also presents a risk of delayed payments. Creditors also increased by 30%, to £5,100,000. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the decrease in cash reserves is a concern. The company’s retained earnings accumulated losses increased by 65%, to £860,000. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

Overall, Corrotherm International Ltd appears to be navigating a period of change. While it maintains a solid asset base and has demonstrated some improvements in debt management, the decrease in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 03143112, with a registered address at HA5 3LA, England, Pinner, Westgate Chambers, 8a Elm Park Road.

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