Accord Engineering Limited

Accord Engineering Ltd, based in Stevenage, UK, is a small holding company with an active status, established 22 years ago. The company employs 12 people and holds assets valued at £1,141,804. It operates from a virtual address, registered to Richmond House, Walkern Road, and is managed by two directors and one owner. Google users have given it a perfect 5.0 rating based on one review, and it regularly imports electrical machinery and equipment, with the latest import occurring in December 2024.

The company’s website highlights its expertise in aluminium and metal fabrication, with a history stretching back to 1966. Accord Engineering prides itself on five decades of experience serving various industrial sectors, including architectural, automotive, leisure, building, transport, and energy. Services include high-quality fabrication using modern technology, with a range of processes like cutting, folding, milling, punching, drilling, welding, CAD modelling, powder coating, and galvanising. The company operates from 31 Wilbury Way, Hitchin, Hertfordshire, and its main customers are involved in the architectural industry.

Financially, Accord Engineering Ltd presents a mixed picture. Current assets increased by 15%, reaching £1,100,000, while net assets grew by 30%, hitting £850,000. Bank borrowings decreased by 35%, and cash reserves increased significantly by 1500%, reaching £130,000. Creditors decreased by 17%, suggesting improved debt management. 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 agility, but the increase in bank borrowings and the drop in cash reserves may be a cause for concern. The company’s accounts are unaudited, and no auditor is mentioned.

Registered in England/Wales under the registration number 04727167, with a registered address at SG1 3QP, Stevenage, Hertfordshire, Richmond House, Walkern Road.

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