CON MECH ENGINEERS LIMITED
Company number 00677804 · Monitor this company
Executive summary
CON MECH ENGINEERS LIMITED presents a conditional credit proposition. The balance sheet is fundamentally strong with £3.44M net assets and very low leverage, providing substantial capacity to service debt. However, consecutive years of declining net assets—totaling approximately £400,000 over two years—indicate underlying profitability issues that must be understood before full commitment. The high stock levels and material provisions require clarification, and formal documentation of parent company support is essential given the going concern reliance.
Shareholders' funds
£3,444,636
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1960-12-14
- Employees
- 51 (2024 accounts · was 53 in 2023)
- Registered office
- Con Mech Engineers Ltd, Hare Law Industrial Estate, Stanley, County Durham, DH9 8UR
- Postcode
- DH9 8UR
- Capital
- 500,000 GBP
- Accounts category
- Small
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-07-23
- Next due by
- 2027-08-06
Nature of business (SIC)
- 25990 Manufacture of other fabricated metal products not elsewhere classified
Officers 5 current · 16 resigned
Group structure
Controlled by CON MECH GROUP LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| G.E.T. SPARES LIMITED | 1988-12-22 |
| CARADOC (MERCHANTS) LIMITED | 1986-07-15 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| HARELAW INDUSTRIAL ESTATE, ANNFIELD PLAIN, STANLEY, CO DURHAM, DH9 8UR | 2008-08-21 |
| 52 QUEEN ANNE STREET, LONDON, W1M 0LA | 2006-07-05 |
Among its peers
Top 10%
by shareholders' funds, of 19 similar companies in DH
3rd largest employer among its local peers (51 staff).
The oldest of its local peers, trading since 1960.
Competitors Durham
This company ranks 1 among manufacture of other fabricated metal products not elsewhere classified in Durham.