S.r. Cladding Services Limited

Sr Cladding Services Ltd, based in Manchester, UK, is a small, active company established 35 years ago. With 12 employees and £650,549 in assets, it’s a family business run by two directors and owners, Danforth Karen and Danforth Stephen Patrick. The company operates from a virtual address – registered at an address shared by 27 other companies – and boasts a stellar 5.0 Google rating based on a single review. It’s an irregular importer, primarily dealing in aluminum and aluminum products, with its last import activity recorded over two years ago in November 2022.

The company specializes in other specialised construction activities, including the construction of commercial buildings. Its website is non-existent, so it’s unclear if it engages in any e-commerce activity.

Financially, Sr Cladding Services Ltd presents a mixed picture. While cash reserves have significantly increased by 270% to £150,000, current assets have also risen substantially by 170% to £650,000. However, net assets have seen a considerable jump by 220% to £300,000. Bank borrowings have dramatically increased by 330% to £49,000, and creditors have doubled to £360,000. Trade debtors have also risen significantly by 170% to £490,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company.

The company’s financial health seems to be improving, with increased assets and cash reserves. However, the surge in bank borrowings and creditors indicates a reliance on external financing and potential cash flow pressures. The increase in trade debtors could be a sign of extended payment terms or difficulties collecting from customers. The company’s success hinges on its ability to manage these financial pressures and maintain its reputation for quality workmanship.

Registered in England/Wales under the registration number 02460667, with a registered address at M21 7QY, Manchester, 7 Christie Way, Christie Fields.

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