Force Engineering Limited

Force Engineering Ltd, based in Shepshed, UK, is a small, family-owned business with an active status, celebrating 45 years in operation. The company employs 27 people and holds £1,386,718 in assets, boasting a real address and overseen by four directors and two owners. It's a regular importer of plastics and plastic products (13 months) and a long-time exporter of electrical machinery and equipment (194 months).

The company’s website, Force Engineering Taupo, highlights its focus on delivering fabrication solutions for large-scale industrial projects. Founded in 2017, it’s a family-owned business with a global reach, specializing in structural fabrication, stainless pipework, and industrial projects. The Taupo-based workshop features advanced machinery, and the company emphasizes quality and reliability. The website also mentions a partnership with the Taupo District Council and showcases projects like the Catenary Cable System and Whangarei Mill Removal.

Financially, Force Engineering Ltd’s recent performance shows some concerning trends. While current assets increased by 25% to £1.4 million, net assets only grew by 10% to £900,000. Bank borrowings decreased by 35%, to £17,000, and cash reserves plummeted 95%, leaving just £9,200. Creditors, however, rose significantly by 45% to £580,000, and trade debtors increased by 15% to £620,000. 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 flexibility, but the drop in cash reserves and increase in creditors suggest it may be relying more on credit. There's no mention of an auditor, likely due to its small company status. The company’s continued operation, despite these challenges, will depend on its ability to manage its debts and maintain its export activity.

Registered in England/Wales under the registration number 01446727, with a registered address at LE12 9NH, England, Shepshed, Loughborough, Unit 32 Gelders Hall Road.

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