Engineerable Uk Ltd

Engineerable Uk Ltd from Sheffield UK: a small company with an active status, was founded four years ago. It holds £45,872 in assets, operates from a real address, and is managed by two directors and two owners. The company regularly imports basic metal tools and utensils, with three months of import activity recorded as of November 2024. It operates in the machining and other engineering activities industries.

The company's website is minimal, offering little insight beyond its core business. There’s no visible e-commerce presence or detailed product listings, suggesting a business-to-business model or a reliance on direct sales rather than online retail. It seems Engineerable Uk Ltd focuses on providing engineering services and supplying metal tools rather than selling directly to consumers.

Financially, Engineerable Uk Ltd presents a mixed picture. Current assets have decreased by 33%, falling to £46,000, while bank cash has dropped even further by 37%, down to £43,000. Trade debtors have increased significantly, rising by 400% to £3,300, which could indicate an increase in sales on credit, or perhaps a delay in customer payments. Equity has also declined by 31%, dropping to £8,300. On the positive side, creditors have decreased by 6.7%, suggesting 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) allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Engineerable Uk Ltd appears to be facing some financial headwinds. The increase in debtors and decrease in cash reserves suggest a need to manage cash flow carefully. While the company’s engineering services and metal tool supply business may be stable, the financial data indicates a need for closer monitoring of its financial health.

Registered in England/Wales under the registration number 13237730, with a registered address at S9 1XA, United Kingdom, Sheffield, Sheringhs House, Park House Lane.

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