Ar-el Workshop Equipment Ltd.

Ar El Workshop Equipment Ltd, based in Inverurie, UK, is a small, active company founded 25 years ago. With a real address and two directors, it’s a solo-founded operation employing just one person. The company boasts a stellar 5.0 Google rating from three reviews, reflecting its commitment to customer satisfaction. It’s a regular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the last import operation recorded three months ago in October 2022.

The company operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft, and provides other business support services. Its website, while not currently active, suggests a focus on workshop equipment and related services.

Financially, Ar El Workshop Equipment Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 32%, dropping to £8,800. Trade debtors have plummeted by an astonishing 98%, leaving just £550 outstanding, while creditors have also decreased considerably, falling 49% to £16,000. Equity has suffered a substantial 81% decline, bringing it down to £5,800. Despite these challenges, the company’s net assets liabilities are still at £5,800. The company’s small size—meeting two of three conditions for being a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for flexibility, but the sharp decline in equity warrants closer attention. No auditor is mentioned, which is common for small companies.

The company’s director, Largue Raymond Robertson, seems to be heavily involved, holding both director and owner roles. The decrease in cash and increase in debt could indicate a period of investment or perhaps a slowdown in sales. It’s possible the company is navigating a challenging economic climate, but its strong Google rating suggests it continues to provide valued services to its customers.

Registered in Scotland under the registration number SC204369, with a registered address at AB51 5TB, Scotland, Inverurie, Aberdeenshire, C/O Johnston Carmichael Axis Business Centre, Thainstone.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.