Engenuity Limited

Engenuity Ltd from Burgess Hill UK is a small, active company founded 31 years ago. With 14 employees and £705,498 in assets, it’s a well-established player, boasting a perfect 5.0 Google rating from two reviews. The company has six directors and one owner, operating from a real address. It’s an irregular importer, specializing in machinery, boilers, and mechanical appliances—parts, with its last import operation occurring two months ago in November 2019.

The company’s website, HRC, focuses on engineering consultancy and material testing. It offers a range of services, including design engineering, material development, and production capability, catering to industries like automotive, aerospace, and construction. HRC provides agile 360 engineering solutions, offering feasibility studies, material screening, and predictive analysis, including crash simulations and fatigue durability assessments. It also guides clients through homologation processes and offers design for manufacturing planning, material selection, and process identification.

Financially, Engenuity Ltd shows a mixed picture. While cash reserves increased by a respectable 73% to £130,000, net assets declined by 26% to -£770,000. Bank borrowings surged by 64%, reaching £1.5 million, and trade debtors ballooned by 64%, suggesting delayed customer payments or expanded credit terms. Creditors, however, decreased by 17%, indicating improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the equity drop is concerning. The lack of an auditor mentioned likely stems from its status as a small company, so the figures rely on unaudited statements.

Overall, Engenuity Ltd appears to be navigating a challenging period, with growth in cash offset by increased debt and a declining equity position. It’s a company that’s been around a while, but it’s clear that it’s facing pressures.

Registered in England/Wales under the registration number 02823761, with a registered address at RH15 8RG, Burgess Hill, West Sussex, Unit 7 Paynes Place Farm, Cuckfield Road.

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