Alma Engineering Co. Limited

Alma Engineering Co. Limited, based in Milton Keynes, UK, is a small, active company established 42 years ago in 1982. With 30 employees and £790,765 in assets, it’s a long-standing player in the engineering sector. The company operates from a virtual address, registered to a building shared by 73 other businesses, and is led by two directors and two owners, with a solo founder at its helm. It has a stellar 5.0-star Google rating based on three reviews. Alma Engineering is an irregular importer, primarily dealing in electrical machinery and equipment, with the last import occurring just one month ago.

The company’s website, though not detailed, indicates a focus on metal fabrication and engineering services. It’s not clear if Alma Engineering engages in e-commerce, but its services likely cater to industrial clients.

Financially, Alma Engineering shows some concerning trends. While its current assets remain at £790,000, net assets have fallen by 8.7% to £590,000. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have decreased by 12% to £370,000. Creditors have increased by 28% to £96,000, and trade debtors have decreased by 3.4% to £320,000. 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 flexibility, but the rise in debt and decrease in cash suggest potential financial pressures. As a small company, it is exempt from an audit, so the financial data is unaudited. The company’s financial statements are prepared in accordance with Financial Reporting Standard 102 and the Companies Act 2006.

Registered in England/Wales under the registration number 01652789, with a registered address at MK5 8FR, England, Milton Keynes, Buckinghamshire, Ground Floor, Baird House Seebeck Place, Knowlhill.

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