Essential Industrial Services Limited

Essential Industrial Services Ltd, based in Bamber Bridge, UK, is a small, active company founded 21 years ago in 2003. With 19 employees and £1,222,625 in assets, it’s a well-established player in its sector. The company boasts a perfect 5.0 Google rating based on five reviews, and operates from a real address shared by only one other company. Five directors and two owners steer the business, with the list of directors having changed fifteen years ago.

The company is a regular importer, specializing in machinery, boilers, and mechanical appliances, with six months of import activity recorded, the latest operation made on October 1, 2024. It operates in the wholesale of other machinery and equipment, and the non-specialised wholesale trade industries. Its website, while not providing detailed e-commerce functionality, highlights its focus on industrial equipment supply.

Financially, Essential Industrial Services Ltd shows a mixed picture. Current assets remained stable at £1,200,000, while bank borrowings decreased significantly by 85%, dropping to just £10,000. Cash reserves also declined slightly by 4%, settling at £170,000. Creditors remained consistent at £820,000, and trade debtors decreased by 3.4%. The company meets two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s equity increased by 4.9% to £500,000. There is no auditor mentioned, likely due to its status as a small company.

The significant reduction in bank borrowings is a positive sign, suggesting improved cash flow management. However, the slight decrease in cash reserves and the consistent level of creditors warrant monitoring. The company’s long-standing presence and high Google rating indicate a solid reputation, but the financial figures suggest it's navigating a competitive market.

Registered in England/Wales under the registration number 04913016, with a registered address at PR5 8AR, Bamber Bridge, Preston, Unit 437-438 Ranglet Road, Walton Summit.

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