Agema Engineering Limited

Agema Engineering Ltd, a well-established family business from Coventry, UK, has been operating for 38 years. This large company, with 115 employees and £14.8 million in assets, reported a yearly revenue of £15.7 million. It's an active status and boasts a respectable 4.0 Google rating from nine reviews. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 42 months of import activity and 30 months of export activity. It has three directors and two owners.

Agema Engineering specializes in tool manufacture, injection moulding, and assemblies, serving various industries. With over 30 years of experience, the company operates across four sites in Coventry, and has outlets in China and the Czech Republic, providing access to Europe and the East. They aim to deliver defect-free components on time and within budget, offering services from design to final assembly, including metal components, injection back moulding, chroming, painting, and specialized welding capabilities.

Financially, Agema Engineering shows a mixed picture. While turnover increased by 10%, reaching £16 million, current assets decreased by 6% to £15 million. Bank borrowings increased by 18% to £300,000, and cash reserves fell by 7%, suggesting a need for careful cash flow management. Despite these pressures, creditors decreased by 5%, indicating improved debt management. The company’s size (meeting two of three criteria for a large company) allows for agility, but the decrease in equity raises questions. The company’s auditor is Burrows Scarborough Limited.

Overall, Agema Engineering Ltd appears to be a stable, well-established business navigating the challenges of a competitive market. The company’s continued focus on quality and customer service, combined with its international reach, positions it for continued success.

Registered in England/Wales under the registration number 02072649, with a registered address at CV7 9EL, England, Coventry, 21 Bayton Road, Bayton Road Industrial Estate, Exhall.

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