Piran Composites Ltd.

Piran Composites Ltd from Newquay UK is a small, holding company with an active status, established sixteen years ago in 2008. Employing twenty-six people, the company holds £2,317,009 in assets and operates from a real address at Sh1 Aerohub 1, St Mawgan. With two directors and one owner, it maintains a perfect 5.0 Google rating based on a single review. The company is an irregular importer of stone, plaster, cement, and similar material products, with its last import operation recorded two months ago in August 2024.

The company’s website is currently unavailable, making it difficult to ascertain the full scope of its operations. However, company records indicate it operates in the "other manufacturing n.e.c." industries. It’s a small company, meeting two of the three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Piran Composites Ltd presents a mixed picture. Current assets increased by 47% to £2,300,000, while net assets grew by 24% to £1,500,000. Bank borrowings decreased by 45% to £62,000, and cash reserves increased by 33% to £1,500,000. However, creditors surged by 140% to £740,000, and trade debtors increased by 96% to £480,000. The company's average number of employees decreased by 15% to twenty-two. Though the company is exempt from an audit as a small entity, the increase in creditors and debtors warrants close monitoring. It's clear that Piran Composites Ltd is facing some challenges, but its strong asset base and growing cash reserves suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 06719985, with a registered address at TR8 4HP, England, Newquay, Cornwall, Sh1 Aerohub 1, St Mawgan.

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