Bowyer Engineering Limited

Bowyer Engineering Limited, based in Andover, Hants, UK, is a well-established small company with a rich history spanning 79 years. Founded in 1946, it currently employs 39 people and holds assets totaling £1,920,911. The company operates from a real address and is overseen by four directors and one owner. It's an active business, regularly importing and exporting optical and medical tools and devices—19 months of imports and 26 months of exports recorded.

Bowyer Engineering’s website showcases a diverse range of services, primarily focused on precision engineering. It offers subcontract CNC milling and turning services, instrumentation repair, bespoke EDM micro-notching, inspection arm and manipulator design, and special-purpose machine automation. The company also has a strong presence in the gas turbine sector, providing manufacturing and repair services. Its website clearly indicates a focus on customer satisfaction and a commitment to quality, with a dedicated quality assurance section and a mention of AS9100 Rev D and BS EN ISO 9001:2015 accreditation. The site also features a vacancies section, suggesting ongoing recruitment efforts.

Financially, Bowyer Engineering shows some interesting trends. While current assets remained relatively stable at £1,900,000, bank borrowings increased by 10%, reaching £33,000. Creditors also saw a rise, increasing by 10% to £1,200,000, which could be linked to increased activity. However, deferred tax expense credit decreased significantly, by 200%, which may be a one-off adjustment. The company's net assets remained steady at £1,700,000. The number of employees decreased slightly, by 5%, which could be due to restructuring or natural attrition. As a small company, it’s exempt from a full audit, so the figures are unaudited.

Overall, Bowyer Engineering appears to be a financially stable, long-standing business, although the increase in debt and creditors warrants further observation. The company's diverse service offerings and commitment to precision engineering position it well in the market, but it's important to monitor its financial health in the coming years.

Registered in England/Wales under the registration number 00408828, with a registered address at SP10 5AF, Hants, South Way, Andover.

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