Acrefine Engineering Services Ltd

Acrefine Engineering Services Ltd, based in London, UK, is a small, active company founded 16 years ago. With three employees and £267,448 in assets, it’s a solo-founded operation managed by a single director and owner. The company boasts a perfect 5.0 Google rating from four reviews and regularly imports iron or steel products (28 months) and exports machinery, boilers, and mechanical appliances (22 months).

The company’s website, Acrefine, specializes in vibration isolation, seismic restraint, and noise control products. It primarily serves contractors in the MEP and HVAC industries, offering solutions for nonstructural components and industrial machinery. Beyond products, Acrefine provides engineering services per International Building Code (IBC) and local building codes, including seismic bracing design and load calculations. The site showcases a range of products, including spring isolators, acoustic hangers, and seismic bracing systems, emphasizing high-performance solutions for various sectors.

Financially, Acrefine Engineering Services Ltd shows some concerning trends. Cash reserves plummeted 64% to £89,000, while bank borrowings increased by 23% to £33,000. Current assets also decreased by 34% to £270,000. On the positive side, trade debtors increased significantly by 210%, suggesting potentially improved sales. Equity also declined by 40% to £200,000. 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. There is no auditor mentioned, likely due to its small size.

The sharp decline in cash and equity raises questions about the company’s financial health. While its product focus and engineering services appear strong, Acrefine will need to manage its finances carefully to ensure its long-term sustainability.

Registered in England/Wales under the registration number 06687139, with a registered address at N17 9QU, United Kingdom, London, C/O Grand Consultancy 60 Mill Mead Business Centre, Mill Mead Road.

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