Cumberland Platforms Limited

Cumberland Platforms Limited, based in Kettering, UK, is a large holding company with an active status, established fourteen years ago in 2011. Employing sixty-two people and boasting assets of £14,553,436, it operates from a real address and is overseen by three directors and one owner. The company maintains a respectable Google rating of 4.0 based on thirteen reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, parts (with 165 months of import activity) and a regular exporter of vehicles, parts, and accessories (not for trains or trams) (with 19 months of export activity).

The company’s website, CPL Vehicle Conversion Specialists, paints a picture of a specialist in vehicle recovery and access platforms. Part of the Klubb Group, CPL offers a wide range of solutions, from electric access platforms to tracked lifts and self-propelled platforms. Their website highlights the versatility of their products, catering to industries like roofing, tree care, telecoms, and maintenance. They even offer bespoke finishing and recovery services. The website is very well-designed and easy to navigate, with a clear focus on showcasing their product range and expertise.

Financially, Cumberland Platforms Limited shows some concerning trends. Creditors increased significantly, rising by 250%, while cash bank on hand jumped 48% to £5,600,000. Bank borrowings decreased slightly, and staff costs increased by 22%, reaching £3,600,000. Perhaps most striking is the decrease in deferred tax expense credit, dropping by 45% to £44,000. The company's net assets increased by 50%, reaching £5,900,000, but the increase in creditors suggests a reliance on short-term financing. While the company meets two of three criteria to be considered large, the rise in liabilities could be a cause for concern. The accounts were audited by Azets Audit Services, and the report mentions Richard Monkhouse as the senior statutory auditor. It seems the company is doing well in terms of sales, with cost of sales increasing by 46%, but it’s spending more on staff and managing its debts carefully.

Registered in England/Wales under the registration number 07591691, with a registered address at NN16 8UN, Kettering, Northamptonshire, 38b Telford Way, Telford Industrial Estate.

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