Exchange Engineering Limited

Exchange Engineering Ltd from Grantham, UK, is a small, family-run holding company with an active status. Established 39 years ago in 1985, the company employs 14 people and holds £2,648,952 in assets. It has a real address and is overseen by two directors and four owners. The business regularly imports and exports machinery, boilers, and mechanical appliances, with parts—a combined 419 months of activity recorded.

The company’s website reveals a focus on the pressure cleaning trade, supplying spare parts and offering a growing range of quality products sourced from around the world. They are UK main agents for several brands, including Annovi Reverberi, Ravel, and Idrobase Group. The website lists a wide range of product categories, from consumables and couplings to heaters and machines, and even offers complete pressure washers. They also provide services such as heater coil supply and piano restoration.

Financially, Exchange Engineering Ltd shows a mixed picture. While current assets increased by 16%, net losses deepened to -£23,000, and bank borrowings surged by 2,400%, reaching £29,000. Cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company is entitled to exemption from audit under Section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 01962680, with a registered address at NG31 9SW, Grantham, Lincolnshire, Ruston Road, Alma Park.

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