Haywood Engineering Services (barnsley) Ltd

Haywood Engineering Services Barnsley Ltd, based in Rotherham, UK, is a small, active company founded 10 years ago. With 10 employees and £402,883 in assets, it operates from a virtual address, a detail that raises some questions. The company has three directors and one owner, Jason Milnes, and enjoys a stellar 5.0 Google rating based on three reviews. It’s an irregular importer of aluminum and aluminum products, with its last import activity dating back to September 2021.

The company’s website showcases Haywood Engineering as a family-run steel fabrication business in Mapplewell, Barnsley. They specialize in steel fabrication and stocking universal beams, box sections, angles, and flat sections, all cut to order. The business boasts a 10,000-square-foot production area and prides itself on quick turnaround times, often completing jobs within a few days. They even cater to larger projects and have a dedicated section for steel stockholders.

Financially, Haywood Engineering’s report reveals a mixed picture. While cash reserves increased by 68% to £230,000, current assets only grew slightly to £400,000. Bank borrowings decreased significantly, falling 66% to £17,000, and cash bank on hand increased. However, bank overdrafts surged by 600%, reaching £14,000, and trade debtors dropped by 28%, suggesting potential issues with customer payments. Depreciation on plant machinery increased by 25%, and on vehicles by 31%, which could indicate aging equipment. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in overdrafts and the drop in debtors warrant closer scrutiny. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 09218791, with a registered address at S63 7DN, Rotherham, South Yorkshire, 85 Doncaster Road, Wath-Upon-Dearne.

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