Cure It Composites Limited

Cure It Composites Limited, based in Wigan, UK, is a holding company with a solid 41-year history. Employing 89 people and boasting assets of £8,521,451, the company has maintained an active status since its founding in March 1984. With four directors and two owners, it holds a respectable Google rating of 4.0 based on seven reviews. The company regularly imports glass and glassware (for 24 months) and exports plastics and plastic products (for 44 months).

The company operates in the specialised construction activities industries, manufacturing and supplying glass fibre building products. It's a family-run business, with a focus on British craftsmanship. The website, while not explicitly e-commerce, showcases a range of products and services, including the manufacture of glass fibre building products.

Financially, Cure It Composites Limited presents a mixed picture. While current assets remain stable at £8,500,000, a slight decrease of 3.2% has been noted. Net assets, however, have seen a significant jump of 39%, reaching £8,400,000. Bank borrowings have dramatically fallen by 87%, dropping to £22,000, and cash reserves have also decreased by 15%, settling at £2,400,000. Creditors have also decreased by 20%, suggesting improved debt management. The company’s small size helps it stay agile, but the increase in net assets is a positive sign. The company's financial statements were audited by McDade Roberts Accountants Limited.

The surge in net assets could be attributed to increased profitability or strategic asset management. The decrease in bank borrowings suggests a move towards self-financing, while the decrease in cash reserves may indicate increased investment in operations. The company’s long history and established market position provide a foundation for continued success, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 01797547, with a registered address at WN6 8RY, Wigan, Lancashire, Giants Hall Willow Road, Beech Hill.

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