Civinity Engineering Uk Ltd

Civinity Engineering Uk Ltd, based in Hornchurch, UK, is a small, holding company with an active status. Founded four years ago in December 2020, the company employs 12 people and holds £1,100,000 in assets. It operates from a virtual address, sharing space with 42 other companies, and is managed by one director and one owner. The company regularly imports iron or steel products—a consistent activity spanning 83 months—and has recently begun exporting machinery, boilers, and mechanical appliances, with four months of export activity.

The company’s website details its services, which include BIM design, building management systems, and installation of various engineering systems like ventilation, air conditioning, and fire safety. It boasts a portfolio of projects across commercial, industrial, public, and residential sectors, including notable work at Vilnius International Airport and the SMK Higher School. The website also highlights the company's commitment to sustainability, with a focus on energy efficiency and BREEAM certifications.

Financially, Civinity Engineering Uk Ltd’s recent accounts show a mixed picture. Cash reserves have plummeted 93%, down to just £20,000, while bank borrowings have increased significantly. Trade debtors have decreased by 8%, and creditors have dropped by 82%, suggesting improved debt management. However, net assets have decreased by 25%, and total inventories have increased to £150,000. The company's small size—meeting two of three conditions for a small company—allows for agility, but the significant drop in cash and equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company’s reliance on group funding from Civinity Engineering UAB, with £682,000 owed, and interest charged at a rate of EUROBOR plus a margin, is also a factor to consider. While the company's engineering services seem well-established, the financial data suggests it's navigating a period of tight cash flow and potentially burning through money, although the improved debt management is a positive sign.

Registered in England/Wales under the registration number 13083384, with a registered address at RM11 1TX, England, Hornchurch, 127a High Street.

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