Precision Motion (cofil) Limited

Precision Motion Cofil Ltd from Lytham St. Annes UK: small company, active status, founded 37 years ago, 2 employees, £172,377 assets, virtual address, 3 directors, 2 owners, family business, google rating 3.0 based on 1 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (8 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the wholesale of machine tools, the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors industries.

Precision Motion COFIL Ltd, established in 1991, specializes in positioning and transfer solutions for automation. Its website highlights a comprehensive range of electromechanical, pneumatic, and mechatronic components, including indexing drives, rotary stages, gearheads, and custom cams. The company emphasizes a collaborative, solutions-based approach, offering high-quality products and exceptional service. They even offer automatic tool changer systems. It's clear they're targeting industrial clients looking for precision motion control. The site doesn't appear to be an e-commerce platform; instead, it functions as an informational hub, encouraging potential customers to contact them directly. The phone number is 44 01772 339633, and their email is infoprecisionmotion.co.uk.

Financially, Precision Motion Cofil Ltd’s recent performance presents a mixed picture. Current assets have fallen significantly, dropping 52% to £170,000. Net assets have also declined, falling 16% to £580,000. Bank cash has decreased by 53% to £160,000. However, debtors have increased substantially, rising 360% to £9,300, which could indicate a period of rapid growth or perhaps delayed payments. Creditors have also increased, though at a more modest 8.8%. The company’s small size and family ownership likely contribute to its agility, but the decline in equity raises some concerns. With no auditor mentioned, the financial data relies on unaudited statements. The company’s £172,377 in assets is a little low, but it’s a small business, so it’s not unusual.

Registered in England/Wales under the registration number 02227822, with a registered address at FY8 1HN, Lytham St. Annes, Lancashire, 327 Clifton Drive South.

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