South Coast Composites Limited

South Coast Composites Ltd, based in Bognor Regis, UK, is a small, active company founded thirteen years ago. With thirty-seven employees and £2,109,179 in assets, it’s a well-established player in its sector. The company has a real address, two directors, and two owners, and boasts a stellar 5.0 Google rating from four reviews. It’s known for importing vehicles, parts, and accessories (excluding trains and trams) for a couple of months, and exporting stone, plaster, and cement products for one month.

The company’s website highlights its specialization in manufacturing composite moulds and components for high-performance industries like Formula 1, automotive, aerospace, and defense. They offer services including AS9100 Aerospace parts production, carbon fiber part creation for supercars, and military-grade structure manufacturing. Their facilities include temperature-controlled clean rooms, autoclaves, and advanced laser scanning equipment. They also offer services like trim, bonding assembly, and quality inspection.

Financially, South Coast Composites Ltd appears stable, although some trends are noticeable. Cash bank on hand increased by 14% to £1.6 million, and current assets grew by 16% to £2.1 million. However, creditors increased significantly by 60% to £240,000, and trade debtors also rose by 24% to £500,000. Depreciation charges increased slightly, and fixed assets remained relatively unchanged. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage short-term liabilities. The accounts are unaudited and exempt, relying on director-reported data.

Overall, South Coast Composites Ltd seems to be a well-managed small business, capitalizing on its expertise in composite manufacturing for demanding industries. The increase in creditors is something to keep an eye on, but the company's strong reputation and specialized services position it well for continued success.

Registered in England/Wales under the registration number 08014635, with a registered address at PO22 9PF, England, Bognor Regis, West Sussex, Polson Dairy Industrial Units, Lidsey Road.

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