Egs Turbines Limited

Egs Turbines Limited, based in Aberdeen, UK, is a small, holding company with an active status. Established two years ago in March 2023, the company holds £124,681 in assets and operates from a real address shared by just one other business. It's managed by two directors and has one owner, although the owner list may not be exhaustive. The company regularly imports machinery, boilers, and mechanical appliances, with parts being imported for five months, the latest activity occurring in February 2025.

The company’s website is currently unavailable, making it difficult to determine the full scope of its operations beyond the import activities. However, it’s noted that the company operates in the other engineering activities industries.

Financially, Egs Turbines Limited presents a mixed picture. While cash reserves remain steady at £33,000, current assets have decreased by 11% to £120,000. Trade creditors have increased significantly by 130% to £140,000, and net assets are at a negative £160,000, indicating a loss of equity. Bank borrowings have also increased by 200% to £28,000. The company's small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity and increased debt suggest it’s burning through money. The lack of an auditor mentioned—likely due to being a small company—means the figures are unaudited. It seems like the company is struggling to turn a profit, but it’s still managing to keep the business afloat.

Registered in Scotland under the registration number SC762605, with a registered address at AB12 3ZS, United Kingdom, Aberdeen, Unit1 Unit 1, Altens Trade Park, Souter Head Road.

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