Gibbons Engineering Group Ltd

Gibbons Engineering Group Ltd, based in Maldon, UK, is a well-established small company with an active status, having operated for 47 years. Employing 23 people, the firm holds assets totaling £4,896,762 and boasts a real address. With seven directors and two owners, it’s a family business maintaining a Google rating of 4.0 based on 20 reviews. The company regularly imports electrical machinery and equipment (for 60 months) and exports machinery, boilers, and mechanical appliances (for 29 months).

The company’s website showcases a diverse range of services and products, positioning itself as a comprehensive electrical and mechanical engineering provider. Rather than a traditional e-commerce platform, the site functions as a detailed brochure, highlighting its capabilities and target industries. It emphasizes a single point of contact for all engineering needs, offering services from design and installation to repairs and panel building. The website also features case studies and blog posts, demonstrating expertise and building trust. The company’s divisions include ABB VariableSpeed Drives, Electric Motors, Pumps, and Agricultural services, catering to a broad spectrum of clients.

Financially, Gibbons Engineering Group Ltd presents a mixed picture. While current assets increased by 19% to £4,900,000, cash reserves experienced a significant drop of 52%, falling to £900,000. Trade debtors decreased by 37%, suggesting improved collection efforts, but creditors rose by 23%, indicating increased reliance on short-term financing. The company’s investments fixed assets increased by 2.7%. Net assets grew by 6.9%, reaching £5,200,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial cash decline warrants attention. No auditor is mentioned, which is common for small companies. Overall, the company seems to be holding its own, but the sharp decrease in cash reserves could indicate a need for careful financial management.

Registered in England/Wales under the registration number 01361883, with a registered address at CM9 8RY, Maldon, Essex, Woodrolfe Road, Tollesbury.

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