Euroload Limited

Euroload Ltd, based in Aberdeen, UK, is a small, active company established eleven years ago. With four employees and £338,340 in assets, it’s a modest operation led by two directors and a single owner. Boasting a perfect 5.0 Google rating from one review, Euroload is a regular exporter of electrical machinery and equipment, with 33 months of export activity recorded as of November 2024. It’s an irregular importer, with no import activity recorded since February 2019.

The company's website highlights its specialization in load monitoring and stress analysis, providing a range of products including torque load cells, running line monitors, and compression load cells. Euroload designs and manufactures these products in-house, catering to industries like oil and gas, maritime, and construction. The website also showcases its services, such as calibration, load cell repair, and stress analysis training. It's clear the company focuses on high-quality, bespoke solutions for demanding applications.

Financially, Euroload Ltd presents a mixed picture. Current assets decreased by 11% to £340,000, while net assets dropped 17% to £120,000. Cash reserves took a hit, falling 27% to £13,000. Bank borrowings remained steady at £57, suggesting no major debt increases. Creditors also remained stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises questions about its long-term financial health. As a small company, it’s likely exempt from an audit, and the figures are unaudited.

Overall, Euroload Ltd appears to be a specialized engineering company facing some financial headwinds. Its focus on high-quality products and services, and its strong reputation, could help it navigate these challenges—but careful management of its finances will be essential for sustained success.

Registered in Scotland under the registration number SC461805, with a registered address at AB21 0GT, Aberdeen, Unit 9 Airside Business Park, Dyce Drive, Kirkhill Industrial Estate, Dyce.

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