Concept Engineering Limited

Concept Engineering Limited, based in Redhill, UK, is a small, active company with a long history, having been founded 59 years ago in 1965. Employing thirteen people and holding assets of £6,030,784, it operates from a virtual address—a fact that’s a little unusual given that forty-nine other companies are registered at the same location. The company is run by five directors, though no owners are officially listed. Concept Engineering operates an e-commerce site and specializes in British engineering, fabrication, and manufacturing. It focuses on innovation, quality, and safety, offering high-quality attachments and equipment, particularly for the agricultural, construction, equestrian, and highways industries. Its website highlights a focus on materials handling attachments, with a family-run business ethos and a commitment to affordable, high-quality equipment.

The company’s website details a range of products, including mud flaps, bale spikes, bag lifters, and other attachments. It also mentions a connection to K M Walker, indicating a broader manufacturing operation. The business operates from Gatherley House Farm in Brompton on Swale, North Yorkshire, and accepts merchant numbers and view returns policy.

Financially, Concept Engineering Limited shows a mixed picture. Cash reserves increased by a healthy 8.6% to £6,000,000, and investments grew by 6.7% to £210,000. However, debtors have fallen significantly, dropping 80% to £5,900—a worrying sign of potential payment issues. Creditors have also increased by 25% to £1,300,000. The company’s net assets have decreased slightly, falling from £5,800,000 to £5,700,000. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility. There’s no mention of an auditor, which is common for companies of this size. The accounts are abridged and unaudited, relying on director-reported data.

Concept Engineering Limited is a long-standing business navigating the typical pressures of a small, family-run operation. While its financial performance shows some areas of concern, its focus on quality and its established presence in niche markets suggest a resilient business model.

Registered in England/Wales under the registration number 00859061, with a registered address at RH1 6RW, Redhill, Surrey, Sterling House, 27 Hatchlands Road.

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