Bowen Fluid Engineering Limited

Bowen Fluid Engineering Ltd from Rosyth UK is a small, holding company with an active status, founded eleven years ago. Employing twenty-one people, the company holds £1,702,444 in assets and operates from a real address. With two directors and one owner, it maintains a stellar 5.0 Google rating based on ten reviews. Bowen Fluid Engineering is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago in August 2022.

The company’s website showcases a wide range of services centered around hydraulic repair and maintenance. It’s not an e-commerce site; instead, it functions as a detailed information hub, outlining expertise in areas like mobile hose repair, chemical cleaning, fluid analysis, and high-velocity oil flushing. Bowen Fluid Engineering caters to diverse sectors, including defence, oil & gas, renewables, marine, and construction, offering both on-site service and parts supply. The website also features case studies and testimonials, highlighting successful projects and client satisfaction.

Financially, Bowen Fluid Engineering Ltd presents a mixed picture. While cash reserves increased by 33% to £520,000, net assets declined by 54% to £430,000. Creditors have surged by 58%, reaching £1,300,000, and bank borrowings increased significantly. Trade debtors also rose by 54%, suggesting potential challenges in collecting payments. The company meets the criteria to be considered a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. Despite the decline in equity, the increase in cash reserves suggests the company is managing its immediate obligations. The lack of a named auditor is consistent with its status as a small company exempt from an external audit. It’s clear the company is facing some financial pressures, but its diverse service offerings and strong reputation may help it navigate these challenges.

Registered in Scotland under the registration number SC477966, with a registered address at KY11 2WP, Scotland, Rosyth, Unit 3 Forties Gateway, Barham Road.

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