Eagle Engineering Ltd

Eagle Engineering Ltd, based in Telford, UK, is a small, holding company with an active status, having been established 23 years ago. The company employs nine people and holds assets totaling £726,040. It operates from a real address and is overseen by two directors and one owner. Eagle Engineering regularly imports and exports electrical machinery and equipment – 6 months of import activity and 29 months of export activity have been recorded.

The company's website reveals a fascinating, if somewhat diverse, range of services. It’s not primarily an e-commerce site, but rather a hub for the finishing and coating industries. The site offers a wealth of information, videos, podcasts, and articles covering topics like plating, powder coating, anodizing, and wastewater treatment. It also features a job board and a forum for industry professionals. The site’s content suggests a focus on connecting suppliers, finishers, and customers within this specialized sector.

Financially, Eagle Engineering Ltd presents a mixed picture. Current assets have decreased by 9.2% to £730,000, while net assets have seen a significant drop of 58%, falling to £150,000. Bank borrowings have risen by 11.0% to £200,000, and cash reserves have fallen by 26% to £200,000. Creditors have increased by 40% to £500,000. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the decline in equity is concerning. No auditor is mentioned, likely due to its status as a small company.

The company’s holding structure, with Eagle Engineering Holdings Ltd as the parent, suggests a broader portfolio of interests. The significant drop in net assets, despite a relatively stable turnover, raises questions about the company's financial health. It’s possible that increased costs, investments, or changes in working capital have contributed to this trend. The company’s reliance on regular imports and exports, particularly in electrical machinery, also exposes it to global supply chain disruptions.

Registered in England/Wales under the registration number 04425833, with a registered address at TF7 4QW, Telford, Shropshire, Unit D3 Haybrook Industrial, Estate Halesfield 9.

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