Csl Engineering Services Ltd

Csl Engineering Services Ltd, based in Milton Keynes, UK, is a small, active company established fifteen years ago. With just two employees and £221,313 in assets, it operates from a virtual address, a detail flagged by the presence of ten companies registered at the same location. The company is led by three directors and has two owners, though the list of owners changed three years ago. Csl Engineering Services Ltd regularly imports vehicles, parts, and accessories (excluding trains and trams), with 13 months of import activity recorded, the last being September 2024.

The company’s website is currently unavailable, so it’s difficult to assess its online presence or e-commerce activities. However, it’s described as operating in engineering-related scientific and technical consulting activities, and engineering design activities for industrial process and production industries.

Financially, Csl Engineering Services Ltd shows some concerning trends. While cash bank on hand increased by 19% to £29,000, current assets decreased by 2.9% to £220,000. More significantly, net assets plummeted 200% to just £940, and net current assets liabilities increased by 76% to -£13,000. Trade debtors also fell by 18%, suggesting potential difficulties in collecting payments. Despite these challenges, the company’s small size (meeting two of three conditions for a small company) allows for flexibility. The increase in other taxation social security payable by 100% to £30,000 is also something to note. With no auditor mentioned, the financial statements are unaudited.

The company’s reliance on imports, coupled with the negative equity and increasing liabilities, suggests it might be burning through cash faster than it’s generating revenue. The virtual address also raises questions about the legitimacy of the business.

Registered in England/Wales under the registration number 06925492, with a registered address at MK19 6AN, Milton Keynes, 15 Towcester Road, Old Stratford.

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