Ewellix Uk Limited

Ewellix UK Limited, based in Milton Keynes, is a sizable company with an active status, having been established seven years ago in 2018. Employing five individuals, the company holds assets totaling £3,095,086 and generates an annual revenue of £7,027,094. It operates from a real address and is managed by two directors, though there are no listed owners – a situation that could indicate a privately held structure. The company boasts a stellar 5.0 Google rating based on four reviews, a testament to its customer service.

Ewellix specializes in linear motion solutions, manufacturing and supplying actuators and related components. Its website details a wide range of products, from Matrix series actuators to ball and roller screws, catering to diverse industries like automotive, medical, and construction. The company's offerings extend beyond simple sales, providing virtual showrooms, case studies, and technical support, suggesting a focus on building long-term customer relationships. It's clear they are targeting a B2B market, offering custom solutions and specialized products.

Looking at the financial data, Ewellix UK Limited shows a mixed picture. While cash reserves increased by a significant 200% to £700,000, bank borrowings surged by an eye-watering 600% to £1,000,000. This could indicate a period of investment or expansion, but it also carries increased financial risk. Creditors increased by 140% to £2,700,000, and net assets grew by 91% to £440,000, suggesting the company is managing its liabilities effectively. Interestingly, administrative expenses increased by 20% to £1,200,000, which may be a result of increased activity or operational costs. The company is classified as large, having met two of the three criteria for size: turnover exceeding £36 million and a balance sheet total exceeding £18 million. The unaudited financial statements were prepared by Dafferns LLP.

The company’s focus on importing machinery, boilers, and mechanical appliances (with 191 months of import activity) highlights its role as a key supplier within the UK market. The relatively limited export activity (just one month of exporting electrical machinery) suggests a primarily domestic focus. The increase in staff, from five to six, could be a sign of growth and increased demand.

Registered in England/Wales under the registration number 11168300, with a registered address at MK14 6QP, England, Milton Keynes, Suite 103 Noble House Capital Drive, Linford Wood.

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