Imenco Uk Limited

Imenco Uk Limited, based in Aberdeen, UK, is a sizable company with an active status, having been incorporated fifteen years ago in January 2010. Employing ninety individuals, the company holds assets totaling £9,550,624 and generates an annual revenue of £14,852,183. With a real address and two directors, it's a well-established operation, founded by a solo entrepreneur, Geir Egil Ostebovik. A Google rating of 5.0 based on one review suggests high customer satisfaction. The company regularly imports and exports electrical machinery and equipment, with 233 months of import activity and 378 months of export activity, the latest being January 2025.

Imenco Uk Limited specializes in support activities for petroleum and natural gas extraction industries. Their website highlights a range of services including subsea equipment, hydraulic power units, and bespoke engineering solutions, catering to the offshore oil and gas sector. While no e-commerce functionality is apparent, the site serves as a detailed brochure showcasing their capabilities and technical expertise.

Financially, Imenco Uk Limited demonstrates a mixed picture. While turnover increased by 28%, net assets decreased by 26%, indicating a potential need for equity injection. Bank borrowings increased by 61%, suggesting reliance on debt financing. However, creditors decreased by 3.6%, indicating improved debt management. The company's size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The accounts are audited by Anderson Anderson & Brown Audit LLP, providing a degree of assurance.

The rise in bank borrowings and the decrease in net assets, despite increased turnover, could indicate investments in new equipment or expansion efforts. It's possible that the company is experiencing growing pains as it seeks to capitalize on opportunities in the energy sector. The company’s strong Google rating and audited accounts suggest a solid reputation and financial stability, despite the financial challenges.

Registered in Scotland under the registration number SC372021, with a registered address at AB22 8GT, Scotland, Aberdeen, Campus 1 Aberdeen Innovation Park Balgownie Road, Bridge Of Don.

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