Engineered Composites Limited

Engineered Composites Ltd from Chester UK: a small, holding company with an active status, was founded 38 years ago. The company employs twelve people and holds assets worth £6,011,075. It has a real address, two directors, and one owner, and boasts a perfect 5.0 Google rating based on ten reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring in December 2024. It also exports plastics and plastic products, with the last export operation taking place in September 2021.

The company operates as a manufacturer of metal structures and parts, catering to a wide range of industries including automotive, chemical, rail, and telecommunications. Its website highlights a focus on GRP (Glass Reinforced Plastic) products, offering a diverse range from fencing and flooring to handrails and grating. The site promotes its expertise in GRP fabrication and manufacturing, emphasizing quality and bespoke solutions. The company even offers a free sample box to potential customers.

Financially, Engineered Composites Ltd shows a mixed picture. Cash bank on hand has increased significantly, up 94% to £1.3 million, which is a positive sign. However, creditors have dramatically increased by 200%, reaching £710,000, which could indicate increased borrowing or delayed payments. Net assets have also risen by 23%, reaching £5.3 million. Interestingly, the number of employees has increased by 25%, from twelve to fifteen, which could be linked to the company’s growth. Bank borrowings have also increased, which is not necessarily a bad thing, but it’s something to keep an eye on. Depreciation for plant machinery has decreased, which could be a good thing, or it could mean less investment in new equipment. 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 stay agile, but the increase in creditors warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Registered in England/Wales under the registration number 02036199, with a registered address at CH1 1QE, England, Chester, 6 St John's Court, Vicars Lane.

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