Cyient Europe Limited

Cyient Europe Limited, based in Reading, UK, is a holding company with a 32-year history, employing 995 people and holding assets worth £15,094,304. The company, active since its founding in 1992, has five directors, one owner, and a Google rating of 3.0 based on two reviews. It’s an irregular importer of electrical machinery and equipment, with recent import activity dating back two months.

Cyient Europe Limited operates as a holding company, controlling subsidiaries like Celfinet UK Telecommunications Consulting Services Ltd and Blom Aerofilms Limited. Its core business revolves around providing intelligent engineering solutions across various industries, including aerospace, defense, rail transportation, and healthcare. The company designs, builds, and maintains products, plants, and networks, leveraging advanced technologies like AI, data analytics, and cloud computing. It offers services ranging from product engineering to network management, catering to both established and emerging markets.

The company’s website highlights its expertise in areas like digital twin technology, autonomous systems, and cybersecurity, emphasizing its commitment to innovation and sustainability. It showcases case studies and client testimonials, demonstrating its ability to deliver tangible results for its customers. Cyient Europe Limited also actively promotes its partnerships with leading technology providers and research institutions, underscoring its dedication to staying at the forefront of industry trends.

Financially, Cyient Europe Limited presents a mixed picture. Accrued liabilities and deferred income decreased by 27%, while accumulated amortisation for computer software remained steady. However, bank borrowings surged by a staggering 120%, reaching £34 million, and cash reserves plummeted 69% to just £510,000. Creditors also increased by 23%, suggesting a need to manage debt obligations. Despite these challenges, the company’s net assets increased by 17%, and comprehensive income rose significantly, indicating improved profitability. The company’s auditor, Mehta & Tengra, hasn’t reported any concerns.

The trends suggest Cyient Europe Limited is experiencing rapid growth, potentially fueled by increased investment and acquisitions. However, the rise in bank borrowings and the decline in cash reserves warrant careful monitoring. The company’s ability to sustain this growth trajectory will depend on its ability to effectively manage its financial obligations and capitalize on emerging market opportunities.

Registered in England/Wales under the registration number 02743776, with a registered address at RG1 1AX, England, Reading, First Floor, Block A, Apex Plaza, Forbury Road.

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