Collis Engineering Limited

Collis Engineering Ltd from Alfreton, UK, is a sizable, holding company with an active status, marking its 54th year in operation. Employing 96 people and boasting assets of £5,424,584, it’s a well-established player. Eight directors and one owner guide the company, which holds a stellar 5.0 Google rating from a single review. Regular exports of railway and tramway vehicles and parts have been ongoing for the past 12 months, with the last export operation occurring in November 2024.

The company operates in the manufacture of other fabricated metal products, demonstrating a focus on engineering and fabrication. While a website isn’t available to analyze, its activities suggest a business-to-business model, likely supplying components or finished goods to the rail industry rather than direct consumer sales.

Financially, Collis Engineering Ltd presents a mixed picture. While current assets remain stable at £5,400,000, a slight decrease of 2.5% has been observed. However, net assets have fallen by 6.2% to £1,900,000. Bank borrowings have decreased by 17% to £890,000, and cash reserves have dropped 3.5% to £4,400. The company’s net loss has significantly deepened, plummeting 72% to £69,000. Trade debtors have also fallen by 33% to £1,200,000, which could indicate difficulties in collecting payments. The company’s size, meeting two of three criteria for a large company, suggests it’s a substantial player in its sector, but the increased losses and reduced cash reserves are concerning. The accounts are audited by DJH Audit Limited, providing a level of assurance.

Despite the financial challenges, Collis Engineering Ltd’s long history, strong Google rating, and ongoing export activity demonstrate resilience. The company’s focus on a niche market—railway and tramway vehicles—could provide a buffer against broader economic downturns, but it will need to address its profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 00995270, with a registered address at DE55 7RG, Alfreton, Derbyshire, Meadow Lane Industrial Estate, Meadow Lane.

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