101 Engineering Limited

101 Engineering Ltd from Stonehouse UK: small company, active status, founded 50 years ago, 37 employees, £2,557,148 assets, real address, 4 directors, no owners, google rating 5.0 based on 1 reviews. Regular importer of electrical machinery and equipment (21 months imported). Regular exporter of electrical machinery and equipment (123 months exported). It’s a well-established business, operating for half a century and providing cable harnessing and electronic assembly services. The company, based in Gloucestershire, specializes in high-quality products delivered on time and at a reasonable cost, serving a range of industries. They're proud of their long-standing customer relationships, secure production, and commitment to quality control.

The company’s website highlights its expertise in cable assemblies, preparation of terminals, and overmoulding. It seems they’re not primarily an e-commerce operation, but rather a business-to-business provider of manufacturing services. Their focus is on providing useful advice and assistance to ensure efficient production, and they even offer services like disaster recovery for damaged assemblies. The business has expanded over the years, moving to a new 10,000 ft² premises in 2013.

Financially, 101 Engineering Ltd presents a mixed picture. Current assets decreased by 7.5% to £2,600,000, while net assets remained steady at £2,500,000. Bank borrowings decreased by 33%, and cash reserves increased by a substantial 60% to £400,000. Creditors also decreased by 35%, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. It’s worth noting that the company’s liabilities have also decreased, suggesting better debt management. There’s no auditor mentioned, which is common for small companies. The company’s accounts are unaudited.

The business seems to be doing well, but the decrease in debtors is something to keep an eye on. Overall, 101 Engineering Ltd appears to be a stable and well-managed operation, leveraging its experience and expertise to serve its customers.

Registered in England/Wales under the registration number 01180474, with a registered address at GL10 3RQ, Stonehouse, Gloucestershire, Unit 14 Oldends Industrial Estate, Oldends.

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