Cristex Limited

Cristex Composite Materials, based in Blackburn, UK, is a small, active company established 34 years ago. Employing 25 people, it holds £2,816,805 in assets and maintains a real address. With one director and owner, it boasts a respectable Google rating of 4.0 based on 14 reviews. The company regularly imports and exports glass and glassware, with 164 months of import activity and 22 months of export activity recorded.

Cristex Composite Materials operates as a supplier for the UK’s composite and reinforced plastics markets. Its website showcases a wide range of products, including woven fabrics, multiaxials, structural foams, and resins, catering to industries like automotive, aerospace, marine, and renewable energy. The company offers services like cutting, kitting, and provides technical support, positioning itself as more than just a materials supplier. The site also highlights news and product spotlights, demonstrating ongoing innovation and engagement with the industry.

Financially, Cristex Composite Materials shows a mixed picture. While cash bank on hand increased by a substantial 48%, reaching £730,000, current assets decreased by 15% to £2,800,000. Trade debtors also fell by 24%, dropping to £1,300,000, suggesting better collection efforts. However, creditors increased by 25%, rising to £1,800,000, which could indicate increased reliance on trade credit. The number of employees increased by 28%, to 32, which may be a sign of growth, but also potentially increased operational costs. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants monitoring. The accounts are unaudited, as is common for small companies, and there is no auditor mentioned. The company's net assets grew by 15%, reaching £1.2 million, which is a positive sign.

Registered in England/Wales under the registration number 02521202, with a registered address at BB1 2QJ, England, Blackburn, West House Sett End Road West, Shadsworth Business Park.

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