High Speed Engineering Limited

High Speed Engineering Ltd from West Bromwich UK: small company, active status, founded 24 years ago, 15 employees, £743,822 assets, real address, 3 directors, 1 owner, e-commerce site, google rating 5.0 based on 9 reviews. Irregular importer of machinery, boilers, and mechanical appliances; parts (1 months imported). It’s a precision general engineering, subcontract, and machining company operating from a 12,000 sq ft facility with a lifting capacity of up to 4 tonnes. Founded a quarter of a century ago, High Speed Engineering is a family-owned business that offers both precision tool making and complete plant refurbishment. The company’s website highlights its general and precision engineering services, 24-hour breakdown service, and spare part stock holding, and it has a reputation for excellence.

The company operates an e-commerce site and its website, highspeedeng.co.uk, showcases its services and client testimonials. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £740,000. The company is an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports. The last import operation was conducted on October 01, 2024.

Financially, High Speed Engineering Ltd’s numbers show a mixed picture. Cash bank on hand decreased by 28% to £350,000, while creditors decreased by 37% to £240,000 within one year. Trade debtors increased by a significant 46% to £370,000, which could indicate increased sales or extended payment terms. Equity rose by 18% to £670,000, a positive sign. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited. The company's accounts are abridged and prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102. It’s clear that the company is holding steady, but facing pressures.

Registered in England/Wales under the registration number 04190653, with a registered address at B70 0DH, West Bromwich, West Midlands, Unit 22 Spartan Industrial Estat, Brickhouse Lane.

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