Engineering Utilities Limited

Engineering Utilities Ltd, based in Leeds, UK, is a small holding company with an active status. Established thirteen years ago in 2011, it employs seventeen people and holds £2,587,528 in assets. The company operates from a real address and is managed by four directors, with one owner. Notably, it runs an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances, including parts.

The company’s website showcases a broad range of metal finishing products and services, from abrasives and cleaning solutions to power tools and safety equipment. It also highlights specialized services like weld cleaning and PPE respiratory protection. The site emphasizes innovation, featuring products from leading brands and offering expert advice. It even has a section dedicated to nuclear abrasives. The site is well-organized, with clear categories and a user-friendly interface.

Financially, Engineering Utilities Ltd presents a mixed picture. While net assets increased by 13% to £1,600,000, cash reserves fell by 23% to £530,000. Bank borrowings decreased by 44%, which is a positive sign. Creditors also decreased, suggesting improved debt management. Trade debtors, however, increased significantly by 27%, which could indicate delayed payments from customers. 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 flexible. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s focus on metal finishing and deburring, coupled with its e-commerce presence, suggests a targeted business model. However, the decrease in cash reserves and increase in trade debtors warrants careful monitoring. The company’s long-term financial health will depend on its ability to maintain strong customer relationships and effectively manage its working capital.

Registered in England/Wales under the registration number 07698622, with a registered address at LS13 4TY, Leeds, West Yorkshire, 75 Swinnow Lane, Bramley.

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