Cubralco Limited

Cubralco Ltd from Stourbridge UK: large company, holding company, active status, founded 29 years ago, 12 employees, £5,916,352 assets, yearly revenue: £21,630,993, virtual address, 2 directors, 1 owner, e-commerce site. Regular importer of machinery, boilers, and mechanical appliances; parts (301 months imported). Regular exporter of copper and copper products (7 months exported). Cubralco Ltd operates as a wholesale plumbing pipe fittings supplier, catering to UK plumbers and builders merchants. The company, established nearly three decades ago, is considered a large company, having met two of the three criteria: turnover exceeding £36 million and balance sheet totals over £18 million. It functions as a holding company, maintaining an active status and employing twelve people.

The business’s virtual address, shared with twenty-six other companies, raises some questions about its physical presence. It’s managed by two directors and has one owner, though it's important to note that this owner list may not be exhaustive. Cubralco Ltd’s e-commerce site is central to its operations, facilitating online sales and customer engagement. The company regularly imports machinery, boilers, and mechanical appliances, with a significant 301-month history of imports. It also exports copper and copper products, with seven months of export activity recorded.

Financially, Cubralco Ltd presents a mixed picture. While the company boasts substantial assets of £5,916,352 and a revenue of £21,630,993, some key figures show concerning trends. For instance, cash bank on hand has decreased significantly by 74%, dropping to £57,000. Additionally, the company's net assets have increased by 40%, reaching £1.4 million, but bank borrowings have increased by a substantial 49%, reaching £770,000. Creditors have also decreased by 8.1%, suggesting improved debt management.

The company’s audit fees have increased by 60%, reaching £8,000, and the company has spent £12,000 in director remuneration. The company’s accounts are audited, and the auditor is Folkes Worton LLP. The company’s strategy is to focus on the wholesale of copper tubes and associated products, and it’s likely that the company is trying to increase its profits. It’s difficult to say for sure what the future holds for Cubralco Ltd, but its financial performance suggests that it’s facing challenges.

Registered in England/Wales under the registration number 03055926, with a registered address at DY8 1LU, England, Stourbridge, 15-17 Church Street.

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