Harlaxton Engineering Services Limited

Harlaxton Engineering Services Ltd from Grantham UK: large company, holding company, active status, founded 27 years ago, 82 employees, £14,592,266 assets, real address, 4 directors, 1 owner, google rating 4.0 based on 10 reviews. Regular importer of electrical machinery and equipment (5 months imported). It's a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The company operates in the construction of other civil engineering projects n.e.c., the electrical installation, the other engineering activities, the engineering design activities for industrial process and production industries. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling 5 months of imports. The last import operation was conducted on January 01, 2025.

Harlaxton Engineering Services Ltd is a leading multi-utility service provider operating nationwide. Their website showcases a broad range of services, from design and construction to maintenance and safety management. It's clear they're not an e-commerce business; instead, the site functions as a detailed brochure, highlighting their expertise and client testimonials. They emphasize a "single source" approach, offering integrated solutions for utilities, and even provide sustainable construction options like recycled aggregates and eco-friendly building blocks. The site also features news and updates, including a recent award for their work and a Christmas message to clients.

Financially, Harlaxton Engineering Services Ltd presents a mixed picture. While assets remain substantial at £14,592,266, several key metrics show concerning trends. Bank borrowings increased significantly, jumping by 110% to £2,500,000, while cash reserves decreased by 22% to £4,900,000. Perhaps most notably, net losses deepened considerably, rising by 200% to -£1,400,000. Although staff costs decreased by 3%, this was offset by a 33% increase in administrative expenses. Trade debtors also grew, suggesting potential difficulties in collecting payments. Despite these challenges, creditors decreased by 10%, indicating improved debt management. The company's auditor, Mayfield & Co., has issued an unqualified opinion, suggesting the accounts present a true and fair view, although the underlying trends warrant close attention. It's likely that the company is investing heavily in expansion or facing increased competition, but the financial strain is evident.

Registered in England/Wales under the registration number 03491492, with a registered address at NG32 2HT, Grantham, Lincs, Toll Bar Road, Marston.

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