Gas Engine Exchange Ltd

Gas Engine Exchange Ltd, based in London, UK, is a small, active company established eight years ago. It holds £877,866 in assets and operates from a real address, managed by one director and owner. The company specializes in the buying and selling of used gas generators, sourcing equipment globally and offering it to clients seeking cost-effective power solutions. It’s an irregular importer and exporter of electrical machinery and equipment, with recent activity spanning just a few months.

The company’s website showcases a vast inventory of used gas generators from various brands like Caterpillar, Jenbacher, and MAN, catering to diverse applications including natural gas, biogas, and landfill gas. It even offers inspection and appraisal services, ensuring the quality and reliability of its equipment. The site emphasizes its expertise in generator restoration and integration, appealing to clients seeking both new and refurbished power solutions.

Financially, Gas Engine Exchange Ltd presents a mixed picture. While current assets have increased significantly to £880,000, net assets have decreased by 8% to -£1,100,000. Bank borrowings have been eliminated, a positive sign, but cash reserves have also decreased. Trade debtors have surged, suggesting potential issues with customer payments. 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 equity decline warrants closer attention. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

The company’s focus on used equipment and its global sourcing strategy could be a key factor in its financial performance. The fluctuating value of the pound and the challenges of international trade could be impacting its profitability. It's clear that Gas Engine Exchange Ltd is navigating a complex market, balancing cost-effectiveness with financial stability.

Registered in England/Wales under the registration number 10271864, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street 27 Old Gloucester Street, 27 Old Gloucester Street.

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