Cygnus Instruments Limited

Cygnus Instruments Ltd from Dorset UK is a small holding company with an active status, having been founded 42 years ago in 1983. The company employs 26 people and maintains a real address, managed by five directors and one owner. It’s a regular importer and exporter of optical and medical tools and devices, with 174 months of import activity and 197 months of export activity recorded.

The company’s website highlights its expertise in the manufacture of electronic measuring and testing equipment, specifically excluding industrial process control industries. It’s a private limited company, and its legal name is Cygnus Instruments Limited. The company operates from a registered address in Dorchester and has a long history, with its roots tracing back to Laurelshield Limited. The company’s website also mentions a production software called Silverfin.

Financially, Cygnus Instruments Ltd’s report paints a mixed picture. While the company’s assets totaled £240,000, they’re down 49% compared to the previous year. Bank borrowings have increased significantly, rising by 2,400% to reach £29,000, and cash reserves have fallen 30% to £28,000. Creditors, however, decreased by 18%, suggesting better debt management. The company’s net losses deepened from -£10,000 to -£23,000. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The report is unaudited, likely due to its small size. The company’s net assets plummeted 73% to just £16,000. The company’s trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms.

Registered in England/Wales under the registration number 01699180, with a registered address at DT1 1PW, Dorset, 30 Prince Of Wales Road, Dorchester.

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