Evans Engineering Solutions Ltd

Evans Engineering Solutions Ltd is a small, active company based in Cockburnspath, UK, founded four years ago in 2020. With a real address and a single employee, the company holds £294,678 in assets and is overseen by one director and owner. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded over the last three months.

The company's website reveals a focus on waterpower solutions, offering bespoke water turbines, modular designs, and fish-friendly options. They cater to a wide range of applications, from powering remote homes to industrial processes, and even offer services like piano restoration. The site details a history spanning decades, with a family-run business specializing in water pumps and turbines, and a commitment to innovation, including electronic load governing and tidal energy projects.

Financially, Evans Engineering Solutions Ltd shows some interesting trends. Current assets increased by 48% to £290,000, while net assets increased by 210% to £59,000. Bank borrowings increased by 1400% to £14,000, and cash reserves increased by 6.4% to £85,000. Creditors increased by 25% to £230,000, and trade debtors increased by 75% to £210,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The increase in bank borrowings and debtors, alongside a rise in creditors, suggests the company may be investing in growth or facing some cash flow challenges. However, the increase in assets and net assets indicates a positive overall financial position. It's likely that the company's focus on specialized engineering solutions and its long-standing history contribute to its resilience, even with these financial pressures.

Registered in Scotland under the registration number SC682761, with a registered address at EH42 1SR, United Kingdom, Cockburnspath, 11 Hunters Steading.

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