Corserv Group Limited

Corserv Facilities Ltd, based in Bury St. Edmunds, UK, is a small, active company founded twelve years ago in 2013. With a single employee and £236,359 in assets, it operates from a real address shared by three other companies. Two directors and one owner, Lindsay David James, steer the business. The company is a regular importer of electrical machinery and equipment, with four months of import activity recorded, the last operation made in November 2023.

The company's website highlights its services as a facilities and property services provider in Cornwall, catering to primary schools and other organizations. It offers cleaning, compliance, construction, electrical, fleet, mechanical, property maintenance, and voids services. The site emphasizes working together to improve lives and keeping schools safe and running smoothly. It even has a section for vacancies and case studies.

Financially, Corserv Facilities Ltd shows some concerning trends. Cash bank on hand dropped by 41%, falling to £3,600, and net current assets decreased by 22%, settling at £180,000. Creditors increased significantly, rising by 99% to £61,000. While fixed assets grew by 29%, reaching £390,000, and total assets less current liabilities increased to £570,000, the rise in liabilities suggests potential strain. The company’s small size (meeting two of three conditions for being small) helps with agility, but the decline in cash and increase in debt warrant attention. The accounts are unaudited and exempt, and no auditor is mentioned.

Overall, Corserv Facilities Ltd appears to be navigating a period of change. While its service offerings and client base seem stable, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08540822, with a registered address at IP33 3TF, England, Bury St. Edmunds, Suffolk, 118a Newmarket Road.

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