Equivalent Engineering Ltd

Equivalent Engineering Ltd, based in Haywards Heath, UK, is a small, active company founded 23 years ago. It employs 20 people and holds £391,683 in assets, operating from a real address and overseen by five directors and one owner. The company is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with eight months of import activity recorded, the last in February 2024.

The company’s website reveals a diverse range of engineering services and manufacturing capabilities. It’s not a straightforward e-commerce site, but rather a provider of industrial solutions. They offer services like engineering plastics, container handling, plastic and metal fabrication, research and development, machine guarding, reverse engineering, machining, CNC routing, laser cutting, and waterjet cutting. They cater to industries including bottling, food processing, pharmaceutical, transport, and infrastructure. The website highlights expertise, customer service, and technical solutions, and includes case studies showcasing their work with companies like Treasury Wine Estates and Nestle. They even have a blog discussing reverse engineering.

Financially, Equivalent Engineering Ltd presents a mixed picture. Current assets decreased by 8.8% to £390,000, while net assets liabilities increased by 270% to £26,000. Bank borrowings were reduced, and cash reserves fell by 43% to £81,000. Creditors decreased by 30%, 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) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s directors include Walker Lisa, Walker Brenda, Walker Ryan, Walker Alan Martin, and Walker Brenda Scott. The company's accounts are abridged and unaudited, and it is entitled to exemption from audit under the Companies Act.

Registered in England/Wales under the registration number 04321179, with a registered address at RH17 5QU, England, Haywards Heath, Unit 1-4. Crosspost Ind Park Cowfold Road, Bolney.

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