Coventry Metalcraft Limited

Coventry Metalcraft Ltd from Coventry UK is a small, active company founded 11 years ago. With 30 employees and £1,106,630 in assets, it operates from a real address and is managed by one director and one owner. The company is an irregular importer of aluminum and aluminum products, with two months of import activity recorded, the last in October 2023.

The company's website is unavailable, making it difficult to determine the exact nature of its online presence. However, it operates in the manufacture of other fabricated metal products and the manufacture of bodies (coachwork) for motor vehicles. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Coventry Metalcraft Ltd has experienced some turbulence. Current assets have fallen by 38% to £1,100,000, while net assets have plummeted 92% to just £42,000. Bank borrowings have decreased by 25% to £170,000, and cash reserves have dropped 49% to £54,000. Creditors have also decreased by 32% to £240,000. The company’s trade debtors have ballooned by 890%, suggesting delayed customer payments or expanded credit terms. The lack of an auditor is likely due to its small size, meaning the figures are unaudited.

Despite the challenges, the company’s core business seems to be holding steady. The decrease in net assets is a significant concern, but the decrease in creditors suggests better debt management. The company’s small size allows it to remain agile, but the sharp equity drop raises questions about its long-term financial health.

Registered in England/Wales under the registration number 08961897, with a registered address at CV7 9EL, England, Coventry, Warwickshire, Unit 5-6 Key Park,, Bayton Road.

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