Calderdale Engineering Services Limited

Calderdale Engineering Services Ltd from Halifax UK is a small, active company founded 37 years ago. With eleven employees and £1,042,818 in assets, it's a well-established business. Four directors and one owner oversee operations, and it boasts a stellar 5.0 Google rating based on one review. The company is an irregular importer of clocks, watches, and their parts, with the last import activity recorded one month ago.

The company's website highlights its association with Dean Smith & Grace, a British machine tool manufacturer with a long history. While Calderdale Engineering Services Ltd appears to provide machine tool services and breakdown support, the website focuses heavily on Dean Smith & Grace's legacy and expertise in lathe manufacturing. It's not clear how much overlap exists between the two businesses, but both emphasize British engineering and quality. The website is a little dated, but it does have a clear menu structure.

Financially, the company shows some interesting trends. While net assets increased by 8.6% to £800,000, current assets decreased by 22% to £1,000,000. Bank borrowings have decreased significantly, with a 54% reduction in non-financial instruments between two and five years. Cash reserves, however, have seen a dramatic increase, jumping 470% to £150,000. Creditors have also increased by 79% to £540,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is typical for a small company.

Overall, Calderdale Engineering Services Ltd seems to be in a stable position, with a healthy cash reserve and increasing equity. The decrease in current assets and increase in creditors might be a cause for attention, but the strong cash position suggests the company is managing its finances well. It’s a well-established business with a connection to a respected manufacturer, and its future looks promising.

Registered in England/Wales under the registration number 02241329, with a registered address at HX1 4DB, England, Halifax, West Yorkshire, Perseverance Works, Gibbet Street.

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