A.p. Engineering (portsmouth) Limited

A.P. Engineering (portsmouth) Limited, based in Portsmouth, UK, is a small, active company with a long history, having been founded 62 years ago in 1963. With nine employees and £163,647 in assets, it operates from a real address and is managed by two directors and one owner. The company runs an e-commerce site and enjoys a solid 4.0 Google rating from three reviews. It’s an irregular importer of iron and steel, with just one month of import activity recorded as of January 1, 2022.

The company’s website, APE Display, showcases its expertise in manufacturing high-quality display stands for various purposes. From counter stands and floor stands to fire pits and industrial furniture, A.P. Engineering caters to both commercial and domestic customers. They offer a bespoke service, allowing clients to customize displays to their specific needs, utilizing processes like metalwork, timber fabrication, and wireware. The site emphasizes 24/7 online ordering, custom solutions, and responsive customer support, with testimonials praising their efficiency, quality, and communication.

Financially, A.P. Engineering shows a mixed picture. Cash bank on hand increased significantly by 110% to £53,000, a positive sign. However, trade debtors decreased by 17% to £100,000, and net assets rose only 4.3% to £260,000. Creditors also increased, both within and after one year, suggesting a need to manage debt. 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 decrease in current assets and increase in liabilities could indicate a need for careful financial planning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, A.P. Engineering appears to be a well-established business with a strong reputation for quality and customer service. However, the financial data suggests some challenges, and it will be interesting to see how the company navigates these in the coming years.

Registered in England/Wales under the registration number 00746816, with a registered address at PO6 1TT, Portsmouth, Hants, Unit 6a,Fitzherbert Spur, Farlington.

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