Dewatering Services Limited

Dewatering Services Limited, based in Elworth Sandbach, UK, is a small, active company founded 29 years ago. Employing 17 people, the business holds £1,387,332 in assets and operates from a real address. With two directors and one owner, it boasts a stellar 5.0 Google rating from a single review. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity occurring two months ago.

The company’s website highlights its role as specialist dewatering contractors and the UK's largest installer of wellpoint dewatering systems. Services include wellpointing, deep wells, water level control, and equipment sales and hire. It’s worked on major projects like Heathrow Terminal 5 and the Olympic Stadium, demonstrating a history of large-scale projects. The website also details a transport division and a sporting facilities division. They offer a wide range of equipment and services, catering to diverse needs.

Financially, Dewatering Services Limited presents a mixed picture. Cash bank on hand increased by 40% to £650,000, a positive sign of liquidity. However, accrued liabilities jumped dramatically by 1200% to £120,000. Creditors decreased by 19% to £370,000, which could indicate improved debt management. Net assets grew by 50% to £1,300,000, but trade debtors increased by 41% to £710,000, potentially indicating delayed payments from customers. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 15 employees. The lack of an auditor mentioned suggests exemption as a small company.

Overall, Dewatering Services Limited seems to be navigating a period of change. While cash reserves are healthy, the increase in accrued liabilities and trade debtors warrants attention. The company’s established reputation and diverse service offerings, however, position it well for continued success.

Registered in England/Wales under the registration number 03196675, with a registered address at CW11 3HT, England, Elworth Sandbach, Cheshire, Millbuck Way, Springvale Industrial Estate.

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