Advanced Engineering Services (international) Limited

Advanced Engineering Services International Ltd, based in Liverpool, UK, is a small holding company with an active status. Founded 21 years ago in 2003, the company employs six people and holds £147,497 in assets. It has a real registered address and is managed by five directors, with one owner. Its Google rating is a perfect 5.0 based on ten reviews, and it’s a regular importer of machinery, boilers, and mechanical appliances, with five months of import activity recorded as of December 2024.

The company operates in the other engineering activities industries. Its website doesn’t offer much insight into its operations beyond its registration details, suggesting a more business-to-business focus rather than direct consumer sales. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

Financially, Advanced Engineering Services International Ltd presents a mixed picture. Current assets have fallen by 19% to £150,000, while net assets have plummeted 42% to £29,000—a significant decrease. Bank borrowings have also decreased by 39%, reaching £15,000, and cash reserves fell 23% to £51,000. Creditors decreased by 4.5%, which is a positive sign. The company’s small size allows for agility, but the sharp decline in equity raises questions about its financial health. There's no auditor mentioned, likely due to its status as a small company.

The financial data reveals a concerning trend of declining equity and assets, despite a decrease in liabilities. While the company appears to be managing its creditors effectively, the drop in cash reserves and the negative equity suggest it may be burning through money faster than it's generating revenue. The decrease in the number of employees reported during the period (from six to four) could be a response to these financial pressures, or a restructuring effort to improve efficiency.

Registered in England/Wales under the registration number 04937612, with a registered address at L25 0LQ, United Kingdom, Liverpool, 16a Mackets Lane, Halewood.

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