Escadean Limited

Escadean Ltd from Birmingham UK: a small company, holding company, with an active status, has been operating for 55 years. Employing eight people and holding £484,017 in assets, it’s a well-established business with a real address and three directors overseeing operations. A single owner is listed, and the company runs an e-commerce site, currently boasting a 3.0 Google rating from just two reviews. It’s a regular importer of vehicles, parts, and accessories (excluding trains and trams), with five months of import activity recorded, the latest in November 2024.

The company’s website describes Escadean Ltd as providing industrial manufacturing services throughout the UK. It’s part of the Positive Engineering Ltd Group and specializes in manufacturing turned parts for classic and new models, as well as supplying cables and silk screen products. Based in Birmingham, technicians design and supply bespoke products, and the company is in the process of obtaining ISO 90012008 accreditation. The website details a history starting in Luton, Bedfordshire, focused on rubber moulding, before relocating to Birmingham and expanding into cable manufacturing and other services, acquiring parts of manufacturing companies like SJ Clark Cables and Plastifilm Products. They also offer die casting and powder coating services.

Financially, Escadean Ltd presents a mixed picture. While current assets increased by 7.3% to £480,000, net assets remained steady at £45,000. Bank borrowings were stable at £310,000, and cash reserves were not reported. Creditors rose significantly by 7.8% to £450,000, and trade debtors increased by 16% to £370,000. The company’s small size—meeting two of three criteria for being considered small—helps with agility. No auditor is mentioned, likely due to exemption as a small company.

The company’s depreciation on plant machinery has remained consistent over the last year, and the increase in creditors suggests that the company may be relying on credit to maintain operations. The rise in trade debtors could indicate difficulties in collecting payments from customers. It’s possible that the company is investing in growth, but the lack of reported cash reserves is something to watch.

Registered in England/Wales under the registration number 00967972, with a registered address at B42 1DP, Birmingham, Crown Works, Baltimore Road Perry Barr.

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