Essex Governor Services Limited

Essex Governor Services Ltd, based in Colchester, UK, is a small holding company with an active status, celebrating 40 years in business. Employing 22 people and holding assets of £3,056,391, it's a well-established player. With four directors and two owners, and a stellar 5.0 Google rating from ten reviews, the company enjoys a strong reputation. It regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 172 months of import activity and 683 months of export activity.

The company's website highlights its expertise in governing equipment for various industries, including utilities, industrial, marine, petrochemical, and rail. It offers overhaul services, parts sales, and retrofitting solutions, catering to a global clientele. It even has a showroom in Harrods, London. The website’s blog and case studies showcase its technical capabilities and project successes.

Financially, Essex Governor Services Ltd presents a mixed picture. While current assets increased by 14% to £3.1 million, net assets only grew by 9.3% to £2.8 million. Cash reserves took a hit, falling 42% to £620,000. Trade debtors surged by 65%, which could indicate expanding sales but also potential payment delays. Bank borrowings remained steady. Despite a slight increase in employee numbers (24, up from 22), the company continues to operate with a lean structure. The lack of an auditor mentioned suggests it’s eligible for exemption as a small company, relying on unaudited financial statements.

The company’s property plant and equipment has been depreciating, with furniture fittings decreasing by 2.6% and motor vehicles decreasing by 25%. This suggests that the company is investing in new equipment, but it is also writing off the value of its existing assets. Overall, Essex Governor Services Ltd seems to be navigating a period of change, balancing growth with financial pressures—but its long history and strong industry focus suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 01876943, with a registered address at CO6 3NS, Colchester, Essex, Wormingford Road, Fordham.

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