Industrial Motors And Gears Limited

Industrial Motors And Gears Ltd, based in Middlesbrough, UK, is a small, active company established 23 years ago. Employing nine people and holding £749,013 in assets, it operates from a real address and is overseen by three directors and two owners. The company boasts a perfect 5.0 Google rating based on two reviews, and is an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago.

The company’s website highlights its expertise in industrial gearbox repair and the supply of gearboxes, geared motors, and electric motors from leading manufacturers. It offers a wide range of services, including electric motor rewinds and the repair of various gearbox types, catering to both emergency repairs and replacement services. The site also promotes partnerships with Radicon, Leroy Somer, and WEG, showcasing a focus on high-performance and energy-efficient solutions. The company’s website also mentions a 24-hour service, ensuring plant managers and engineers have one number to call for electromechanical repairs.

Financially, Industrial Motors And Gears Ltd shows a mixed picture. While cash reserves remained relatively stable at £340,000, trade debtors decreased by 6%, suggesting improved collection efforts. However, bank borrowings increased by 25%, reaching £30,000, and creditors rose by 12%, indicating a greater reliance on short-term financing. Net assets remained relatively unchanged at £590,000. 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 agility, but the increase in borrowings warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, Industrial Motors And Gears Ltd appears to be a stable, albeit small, business navigating the challenges of its industry. The company’s focus on specialized repair services and partnerships with leading manufacturers positions it well for continued success, though careful management of its finances will be key.

Registered in England/Wales under the registration number 04293316, with a registered address at TS6 6BL, England, Middlesbrough, 1c Nelson Court.

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