Advanced Engineering Techniques Limited

Advanced Engineering Techniques Ltd from Sheffield UK: a large company with an active status, was founded 35 years ago. It employs 163 people and holds assets worth £5,893,738, generating a yearly revenue of £17,096,062. Based at a real address, the company is overseen by five directors and two owners, and boasts a respectable Google rating of 4.0 based on eight reviews. It’s an irregular importer of electrical machinery and equipment (imported for two months), but a regular exporter of vehicles, parts, and accessories (exported for eighteen months).

Advanced Engineering Techniques Ltd operates as a subcontract engineering provider, supplying product to a host of major sectors including Road Transport, Coach Bus, Waste Solutions, Aerial Platforms, Security, Construction Equipment and Rail. The company’s website showcases a comprehensive range of services, from laser cutting and press braking to fabrication and robotic welding. It’s clear they’re aiming to be a one-stop shop for engineering needs, with in-house capabilities and a focus on finished and assembled components.

Financially, the picture is a little mixed. While turnover remained consistent at £17,096,062, current assets have dropped by 26% to £5,900,000. Bank borrowings have also decreased, but cash reserves have fallen significantly by 67% to £220,000. Creditors have also decreased, suggesting a focus on managing debt. The company is considered large, having met two of three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of an auditor mentioned suggests the company is exempt from a full audit.

The company's financial results indicate a period of adjustment, potentially reflecting broader economic pressures. While the company’s core engineering services appear robust, the decrease in cash reserves warrants attention. The fact that the company has been operating for thirty-five years, however, suggests a level of resilience and experience.

Registered in England/Wales under the registration number 02427380, with a registered address at S20 3FF, United Kingdom, Sheffield, South Yorkshire, 9 - 15 Holbrook Avenue Holbrook Industrial Estate, Holbrook.

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