Harry Dalby Engineering Limited

Harry Dalby Engineering Limited, based in Leics, UK, is a sizable company with a 39-year history, currently employing 113 people. The company boasts £3,979,961 in assets and generates £9,001,495 in yearly revenue. It operates as a holding company and is actively trading. Six directors oversee operations, with one owner reported. A Google rating of 4.0 based on six reviews suggests a positive customer perception. The company regularly imports glass and glassware, with the latest import occurring in February 3 months ago.

The company’s core business revolves around the manufacture of other special-purpose machinery, indicating a focus on industrial engineering. While no website is provided, this suggests a B2B model rather than direct consumer sales.

Financially, Harry Dalby Engineering Limited presents a mixed picture. Current assets have decreased by 26%, dropping to £4,000,000, while net debt has increased significantly. Bank borrowings have risen by 300%, reaching £1,100,000, and cash reserves have fallen by 51%, sitting at £1,200,000. However, creditors have also decreased by 11%, indicating improved management of short-term liabilities. The company meets two of three conditions to be considered a large company, with turnover exceeding £36 million, balance sheet total exceeding £18 million, and employing more than 250 employees. The lack of an auditor is likely due to the company’s size and exemption status.

The company's decline in assets and cash reserves, despite a healthy revenue stream, could be attributed to increased investment in machinery or expansion of operations. The increase in bank borrowings suggests a reliance on external funding to support growth. The company’s strong Google rating and regular import activity point to a stable customer base and reliable supply chain. The audit firm, Newby Castleman LLP, conducted the audit, and the financial statements were signed by D P Carr, the company secretary.

Registered in England/Wales under the registration number 01929615, with a registered address at LE18 4YQ, Leics., Gloucester Crescent, South Wigston.

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