Electro Machine Solutions Ltd
- Small
- Active
- 21 years
- 2 employees
- £1,034,448 (assets)
- Real address
- 3 directors
- 2 owners
- Irregular importer
- Family business
- Rating 5.0 (1)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Electro Machine Solutions Ltd, based in County Londonderry, UK, is a small, family-run business with an active trading status. Founded 21 years ago, the company employs just two people and holds £963,054 in assets. It operates from a real address and is overseen by three directors and two owners. The company has a perfect 5.0 Google rating based on one review. It’s an irregular importer, specializing in machinery, boilers, and mechanical appliances, with the last import operation recorded two months ago in October 2024.
The company’s website is not available, so it’s difficult to determine the full scope of their operations. However, they are described as operating in the repair of machinery industries. This suggests a B2B focus, providing maintenance and repair services to other businesses.
Financially, Electro Machine Solutions Ltd shows a mixed picture. Cash bank on hand has dramatically increased by 350%, reaching £950,000, a significant boost. Current assets have also seen a substantial rise of 300%, reaching £960,000. However, trade debtors have fallen by 61%, suggesting potential issues with collecting payments. Creditors have also decreased, which is a positive sign. Despite these changes, net assets have increased by 9%, indicating overall financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. With no auditor mentioned, the figures are unaudited.
Overall, Electro Machine Solutions Ltd appears to be a stable, family-run business that is doing well. The large increase in cash reserves suggests a period of strong performance, although the decrease in debtors warrants monitoring.
Registered in Northern Ireland under the registration number NI047457, with a registered address at BT51 5PE, County Londonderry, 7 Lisachrin Road, Garvagh.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Unaudited abridged accounts made up to 2024-08-31Download 11 pages pdf report
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Confirmation statement made on 2024-07-28 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2023-08-31Download 12 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Electro Machine Solutions Ltd
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