Creid Services Ltd

Creid Services Ltd, based in Newry, UK, is a small, active company founded eight years ago in 2017. Employing just one person, it holds £73,143 in assets and operates from a real address shared by only one other business. The company is led by a single director and owner, Shane Dunleavy, and is classified as a solo founder. It’s an irregular importer, primarily dealing with miscellaneous chemical products, with just two months of import activity recorded, the last in 2019. The company operates in the other building completion and finishing industries.

The company’s website, Creid Surveys, focuses on condition surveys for reinforced concrete structures and asset maintenance works. It offers surveying, testing, and consultancy services, showcasing a portfolio of completed projects. The site also includes contact information for both the UK and Republic of Ireland offices, along with a detailed enquiry form and a cookie policy. It’s clear the company is targeting property developers, contractors, and private individuals seeking structural assessments and maintenance solutions.

Financially, Creid Services Ltd presents a mixed picture. Current assets have increased dramatically, jumping 200% to £73,000, while net assets have also risen substantially, reaching £96,000. Bank overdrafts have decreased by 30%, falling to £23,000, and cash reserves have declined 61%, ending at £3,400. However, trade debtors have increased significantly, ballooning 340% to £70,000. Creditors have also decreased by 49%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rise in debtors could indicate challenges in collecting payments. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Creid Services Ltd seems to be growing, but the increase in debtors warrants attention. The company's focus on specialized surveying services and its clear online presence suggest a solid foundation, but ongoing financial monitoring is important.

Registered in Northern Ireland under the registration number NI645118, with a registered address at BT34 2BX, Northern Ireland, Newry, Down, Rpb Chartered Accountants, 22 St. Colmans Park.

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