Corsair Engineering Limited

Corsair Engineering Ltd from Staffordshire, UK, is a small holding company with an active status, having been founded 22 years ago in 2003. Employing 22 people and holding £679,112 in assets, it operates from a real address and is overseen by seven directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with five months of import activity, and exports electrical machinery and equipment, with seven months of export activity.

The company’s website describes Corsair Engineering as a leading British manufacturer of commercial catering equipment and kitchen ventilation systems. They provide innovative and cost-effective solutions to operators in the catering industry, designing, manufacturing, and installing custom stainless steel fabrication, food distribution systems, and ventilation. They work with a wide range of clients, including the Her Majesty’s Prison Service, where their hot food trolleys transport in excess of 100,000 meals daily. They also offer bespoke kitchen ventilation systems, food transportation systems, and a new monitored air recirculation system (MARS).

Financially, Corsair Engineering Ltd shows a mixed picture. Cash reserves increased significantly by 940%, reaching £14,000, which is good news. However, net assets increased by only 58%, reaching £130,000, and bank borrowings were eliminated. Trade debtors decreased by 22%, which could indicate better collection practices, but creditors increased by 50%, to £130,000, which might suggest increased reliance on credit. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the changes in liabilities warrant further investigation. No auditor is mentioned, which is common for smaller companies.

Overall, Corsair Engineering Ltd appears to be a stable, albeit small, business with a focus on manufacturing and supplying catering equipment. The recent financial changes suggest a period of adjustment, but the company’s established reputation and diverse product offerings provide a solid foundation for future growth.

Registered in England/Wales under the registration number 04671849, with a registered address at WS7 0AU, Staffordshire, Unitech House, Prospect Rd, Burntwood.

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