Ctr (group) Limited

Ctr Group Ltd, based in Uttoxeter, UK, is a holding company with an active status, having been incorporated ten years ago in June 2014. The company employs 241 people and holds assets valued at £2,015,537. It has a real registered address and is managed by one director and one owner. A Google rating of 2.0 based on 36 reviews suggests room for improvement in customer perception. The company regularly imports textile products, sets, used clothing, and rags (last import October 01, 2024), and exports machinery, boilers, and mechanical appliances (last export January 01, 2025).

Ctr Group Ltd operates as a holding company, overseeing several subsidiaries including Ctr Recover Limited, Ctr (grading) Ltd, and Ctr Asset Management Limited. It appears to be involved in recycling and refuse solutions, asset sales, and wholesale of textiles. The company’s website suggests a focus on providing corporate waste recycling services and assisting businesses in reducing landfill waste. It also repackages charitable donations for resale.

Looking at the financials, Ctr Group Ltd’s current assets remained stable at £2,000,000, while net assets decreased by 5.9% to £1,300,000. Bank borrowings saw a significant decrease of 58%, falling to £7,700, which could indicate improved cash flow management. However, cash reserves also decreased by 10% to £18,000. Creditors decreased by 12%, suggesting better debt management. The company’s trade debtors increased by 890%, which could be a concern, potentially indicating delayed customer payments or an expansion of credit terms.

The company's liabilities have also decreased, with accrued liabilities dropping by 59%. However, the increase in trade debtors and the decrease in cash reserves should be monitored closely. The lack of an auditor mentioned likely means the company is exempt as a small company, so the figures rely on unaudited director-reported data.

Overall, Ctr Group Ltd seems to be navigating a period of change. While it’s managing its debts and reducing borrowing, the increase in trade debtors and decrease in cash reserves warrant attention. The company's diverse range of subsidiaries and focus on recycling and waste management positions it in a growing market, but sustained financial health will depend on effectively managing its working capital and customer payments.

Registered in England/Wales under the registration number 09086528, with a registered address at ST14 8LP, Uttoxeter, Unit 30, Marchington Industrial Estate, Stubby, Lane, Marchington.

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