The Specialist Engraving Company Limited

The Specialist Engraving Company Limited, based in Cardiff, UK, is a small, active family business established 14 years ago. With eight employees and £34,088 in assets, the company operates an e-commerce site and holds a stellar 5.0 Google rating from 52 reviews. Two directors, Mist Paul and Mist Judy Patricia, oversee the business, which specializes in retail sales via mail order and the internet.

The company's website highlights its engraving services, catering to a range of applications from personalized gifts to industrial marking. It’s a well-established operation, with a real registered address in Rumney, Cardiff, and a history of consistent activity. The company's focus on quality and customer service is evident in its online presence and positive reviews.

Financially, The Specialist Engraving Company Limited presents a mixed picture. While current assets are relatively stable at £34,000, net assets have improved, rising from -£180,000 to -£160,000—a positive trend, although still negative. Bank borrowings have decreased significantly, falling by 55% to £20,000, which is good news. However, cash reserves have fallen by 18% to £2,600, and creditors have also decreased, suggesting a need to manage debt. The company’s size, meeting two of three criteria for a small business, allows for flexibility, but the ongoing losses indicate a need to carefully monitor expenses. The company is exempt from an audit, so the financial data is unaudited.

Overall, The Specialist Engraving Company Limited seems to be navigating a challenging economic climate. The decrease in bank borrowings is encouraging, but the company will need to continue focusing on cost control and revenue generation to ensure its long-term sustainability.

Registered in England/Wales under the registration number 07364568, with a registered address at CF3 3LF, Wales, Cardiff, Woodville Buildings Heron Road, Rumney.

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