Cti Projects Limited

Cti Projects Limited, based in Hemel Hempstead, UK, is a small, active company founded seven years ago. With a single employee and £46,881 in assets, it operates from a virtual address and is run by two directors and owners – Gibbs-Jones Colin Geoffrey and Gibbs-Jones Tanya. This family business is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of import activity recorded back in 2019.

The company’s website reveals it operates in the other information technology service activities industries. It’s a lean operation, meeting two of the three criteria to be classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees). It's a consultant, and the business seems to be working hard.

Financially, Cti Projects Limited shows a mixed picture. Current assets have decreased by 25%, dropping to £47,000, while net assets have increased by 17%, reaching £32,000. Bank borrowings have also decreased, and cash reserves have increased dramatically by 880%, jumping to £35,000. However, trade debtors have plummeted by 81%, indicating potential difficulties in collecting payments, and creditors have also decreased. The company’s small size allows it to be agile, but the significant drop in debtors is something to keep an eye on. No auditor is mentioned, which is typical for a small company exempt from an audit.

Overall, Cti Projects Limited appears to be navigating a period of change. The increased cash reserves are a positive sign, but the decline in debtors suggests a need for improved financial management.

Registered in England/Wales under the registration number 11190273, with a registered address at HP3 9SD, England, Hemel Hempstead, Hertfordshire, Avaland House, 110 London Road, Apsley.

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