Cutmaster Machines (uk) Ltd
- Small
- Active
- 14 years
- 2 employees
- £2,468,381 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Cutmaster Machines (UK) Ltd, based in Stockport, England, is a small, active company founded fourteen years ago in 2010. With two employees and £1,631,540 in assets, it operates from a real address within a business park. The company, led by two directors and a solo founder, maintains a perfect 5.0 Google rating based on two reviews. It’s a regular importer of iron or steel products, with the latest import activity recorded in December 2024.
The company specializes in the wholesale of mining, construction, and civil engineering machinery, acting as agents for machinery, industrial equipment, ships, and aircraft industries. Its website highlights a partnership with KOCO Koster Co GmbH, a German company with sixty years of experience in stud welding technology. Cutmaster Machines (UK) Ltd positions itself as a leading supplier in the stud welding engineering sector, offering a range of products including welding machines, torches, studs, and connectors. The website also details its service to various industries, including shipbuilding, refractory applications, structural engineering, vehicle construction, mechanical engineering, and power plants.
Financially, Cutmaster Machines (UK) Ltd demonstrates a period of growth. Current assets increased by a substantial 31% to £1,600,000, while net assets grew by 61% to £1,700,000. Cash reserves also increased by 6.4% to £1,100,000. However, bank borrowings remained consistent at £10,000. Trade debtors increased significantly by 150% to £500,000, which could indicate increased sales or extended credit terms. The company’s small size—meeting two of three conditions for being a small company—allows for agility, but the increase in debtors should be monitored. The company is exempt from an audit, and the figures are unaudited.
The company's success seems to be driven by its focus on a niche market and its strong partnership with a well-established European manufacturer. It’s a positive sign, but the increase in debtors needs to be kept an eye on.
Registered in England/Wales under the registration number 07397929, with a registered address at SK1 2AF, England, Stockport, Cheshire, Unit 7 S Park Business Park, Martel Court.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of Ireland
-
Individual
- 14 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-10-31Download 14 pages pdf report
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Confirmation statement made on 2024-10-06 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 14 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Cutmaster Machines (uk) Ltd
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