Concept Generators Limited

Concept Generators Limited, based in Aberdeen, UK, is a small, active company founded seven years ago. With four employees and £904,375 in assets, it operates from a virtual address – a detail flagged by the presence of 34 other companies registered at the same location. The company is led by two directors and a single owner, who is also the solo founder. Concept Generators specializes in engineering design activities for industrial process and production industries, importing electrical machinery and equipment for nine months and exporting it for a more substantial 24 months.

The company’s website highlights its focus on bespoke generator solutions for international clients, emphasizing flexibility, quality, and price competitiveness. It offers a range of services, from design and installation to maintenance and consultancy, catering to both commercial and renewable energy sectors. The website also mentions a division specializing in piano restoration, indicating a potentially diverse portfolio.

Financial data reveals a mixed picture. While cash reserves increased by a significant 110% to £290,000, net assets plummeted 51% to £270,000. Creditors have also surged dramatically, increasing by 880% to £1.4 million, a concerning trend. Trade debtors rose by 81% to £300,000, which could indicate difficulties in collecting payments. 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, likely due to its small company status. The company’s retained earnings and accumulated losses have also declined significantly, which is something to keep an eye on.

Registered in Scotland under the registration number SC594060, with a registered address at AB10 1YN, Scotland, Aberdeen, Aberdeen City, 37 Albyn Place.

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