Hood Engineering (uk) Limited

Hood Engineering (uk) Limited, based in Weymouth, UK, is a small, active company founded eleven years ago in 2013. With three employees and a virtual address shared by 237 other companies, it’s a compact operation managed by two directors and a single owner, who is also the solo founder. The company holds a perfect 5.0 Google rating based on two reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts—with the last import activity recorded two months ago in March 2022.

The company’s website describes Hood Engineering as a specialist in bespoke machine builds, covering Dorset and beyond. It offers a wide range of services, including fitting, fabrication, welding, machining, profiling, and folding, catering to both simple assemblies and complex projects. They handle everything from sourcing parts to complete build services, and even offer CAD design capabilities. The website also features testimonials from satisfied clients in the food, acoustics, and equipment industries, highlighting their knowledge, understanding, and professionalism.

Financially, Hood Engineering (uk) Limited presents a mixed picture. Cash reserves have significantly increased by 290%, reaching £140,000, which is a positive sign. However, accumulated depreciation has risen by 39%, and bank borrowings have remained steady at £10,000. Creditors have decreased by 2.5%, and trade debtors have fallen by 12%. Equity has seen a substantial increase of 56%, reaching £230,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in depreciation suggests ongoing investment in equipment. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data.

Overall, Hood Engineering (uk) Limited appears to be a stable, albeit small, engineering firm. The increase in cash reserves is encouraging, but the company will need to manage its depreciation and debt effectively to sustain its growth and maintain its reputation for quality service.

Registered in England/Wales under the registration number 08562025, with a registered address at DT4 9UX, United Kingdom, Weymouth, Dorset, Leanne House, 6 Avon Close.

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