Howley Engineering Limited

Howley Engineering Ltd from Warrington UK is a small, holding company with an active status, having been founded 42 years ago in 1983. The company employs five people and holds £1,464,628 in assets. It has a real address, is overseen by three directors, and is owned by one individual. Google reviews are stellar, boasting a 5.0 rating based on two reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation made in October 2023.

The company operates in the manufacture of bearings, gears, gearing and driving elements industries. Its website, though non-existent, suggests a focus on engineering components and potentially related services. The company’s status as a holding company implies it may own or control other businesses, though details on these are not available.

Financially, Howley Engineering Ltd presents a mixed picture. While cash reserves have surged by a remarkable 4,100% to £450,000, other areas show signs of pressure. Net assets have declined by 1.5% to £1,100,000, and trade debtors have fallen by 5.7% to £1,000,000. Creditors have increased by 68% to £360,000, and other creditors have risen dramatically by 2500% to £58,000. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the increase in creditors could indicate a need for careful cash flow management. The significant drop in inventories—a 100% decrease—is also noteworthy, suggesting a shift in business strategy or potential supply chain issues. As a small company, it is exempt from an audit, so the financial statements are unaudited. The company’s reliance on a single owner could also present a risk if that individual were to leave.

Registered in England/Wales under the registration number 01698843, with a registered address at WA5 2EH, England, Warrington, 9 Poplar Avenue, Penketh.

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