Cortra Limited

Cortra Ltd from Nottingham UK is a small holding company, active since its founding eleven years ago in 2013. With four employees and £914,482 in assets, it operates from a virtual address – forty-five companies share the same location, which is a bit unusual. The company is led by two directors and has one owner, though the list of owners changed four years ago. Cortra Ltd regularly imports vehicles, parts, and accessories (excluding trains and trams), with its last import activity occurring three months ago.

The company’s core business revolves around providing tooling solutions for the plastics industry. Its website, iancortra.uk, details a range of services, from design and manufacturing to tool trials and maturation. Cortra Ltd positions itself as a global leader, offering “fully integrated tooling solutions” and emphasizing its experienced team of time-served engineers. They even offer onsite support in the UK and boast a “turnkey management” approach, handling everything from quoting to industrialised tooling. The website highlights its expertise in high-quality manufacturing and caters to various industries, with a strong focus on customer service and even offering testimonials and references.

Financially, Cortra Ltd presents a mixed picture. Cash bank holdings declined by 8.2% to £750,000, while current assets decreased slightly to £910,000. Trade debtors have increased significantly, by 30%, reaching £110,000, which could indicate a growing customer base or extended payment terms. However, creditors also rose by 3.4% to £160,000. A notable shift is the surge in ‘other debtors’ – increasing by a staggering 1,200% to £78,000. Property, plant, and equipment have also seen a decline, with motor vehicles decreasing by 30%. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the decrease in equity, down 2.6% to £790,000, suggests a potential strain. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The company is using CCH software.

Registered in England/Wales under the registration number 08713138, with a registered address at NG1 6GR, England, Nottingham, 14 Park Row.

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