Engineered Solutions (projects) Limited

Engineered Solutions Projects Ltd from Newcastle Upon Tyne UK: a small, active company founded seventeen years ago, employs just two people, and holds £289,746 in assets. With a real address and three directors, alongside one owner, the company operates as an irregular importer of machinery, boilers, and mechanical appliances – parts, with its last import operation recorded two months ago in October 2022.

The company specialises in designing, building, and supplying material handling equipment and industrial buildings. Their website highlights a wide range of services, from steel frame buildings and pallet racking to conveyor belts and gantry cranes. They offer bespoke engineered products and even work with robotics, catering to diverse needs with custom solutions. The site encourages potential clients to book a free, no-obligation site survey, emphasizing their ability to add value and save time and money.

Financially, Engineered Solutions Projects Ltd shows some concerning trends. Cash bank holdings have fallen by 20%, dropping to £150,000, while net assets have also decreased by 4.1%, settling at £170,000. Although trade debtors have increased by 12%, creditors have also risen, suggesting a need to manage cash flow more effectively. The company’s small size (meeting two of three conditions for being considered small) helps with agility, but the decline in equity warrants attention. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit. Overall, while the company’s services seem in demand, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 06534417, with a registered address at NE5 2LH, Newcastle Upon Tyne, Tyne And Wear, Bainbridge House 379 Stamfordham Road, Westerhope.

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