Engage Works Limited

Engage Works Ltd, based in London, UK, is a small, active company established twenty years ago in 2005. With eleven employees and £2,398,180 in assets, it operates from a real address and is overseen by three directors and two owners. Google users rate it a perfect 5.0 based on twenty-two reviews. The company irregularly imports electrical machinery and equipment (two months of activity, latest in September 2024) and exports optical and medical tools and devices (one month of activity, latest in November 2022).

The company’s website, Engage Works, currently displays a message stating "Harnessing the new Loading 000," suggesting a possible website overhaul or temporary downtime. While the site’s content is currently limited, it hints at a focus on brand and communications experiences, utilizing leading-edge technologies.

Financially, Engage Works Ltd presents a mixed picture. Cash reserves increased dramatically by 3800%, reaching £300,000, a positive sign of liquidity. However, net assets decreased by 27% to £1.2 million. Creditors rose significantly by 50% to £2 million, while bank borrowings decreased by 30% to £150,000. Trade debtors also increased by 17% to £2.1 million. The company’s size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in liabilities is something to keep an eye on. The company's director remuneration remained constant at £130,000. With no auditor mentioned, the figures are unaudited.

Overall, Engage Works Ltd appears to be navigating a period of change. The strong cash position suggests a healthy core business, but the rising debts and website update could indicate investment or restructuring.

Registered in England/Wales under the registration number 05420649, with a registered address at SE10 0BN, England, London, Building B2, Unit 1, 1st Floor 1 Barton Yard, Soames Walk.

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