Industrial Switchgear Services Limited

Industrial Switchgear Services Ltd, based in Stockport, UK, is a small, active company founded 23 years ago. Employing 49 people, the firm holds £1,423,803 in assets and operates from a virtual address, a detail worth noting. It’s managed by three directors and owned by one individual, with a stellar 5.0 Google rating based on three reviews. The company regularly imports electrical machinery and equipment, with its last import operation recorded three months ago.

ISS Industrial Switchgear Services Ltd specializes in high and low voltage power engineering, offering a range of solutions for electrical distribution requirements nationwide. They provide manufacturing, maintenance, installation, and commissioning services for various equipment, catering to sectors like power generation, renewables, petrochemicals, and rail. Their website highlights services including switchgear retrofits, HV/LV maintenance, and site services, with a focus on turnkey electrical distribution projects. They even boast a 24/7 emergency call-out service.

Financially, ISS shows a mixed picture. Current assets decreased by 11%, falling to £1,400,000, while net assets also declined by 35%, reaching -£330,000. Bank borrowings were reduced by 16%, down to £570,000, and cash reserves saw a significant increase of 1700%, jumping to £26,000. Trade debtors increased by 13%, reaching £820,000, while creditors were reduced by 20%, to £940,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity suggests it's facing some financial pressures. With no auditor mentioned, the figures are unaudited.

Overall, Industrial Switchgear Services Ltd appears to be a well-regarded, albeit small, company navigating a competitive market. While it has a good reputation and a strong service offering, the financial data indicates a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 04241038, with a registered address at SK1 1YJ, England, Stockport, Cheshire, Mynshull House, 78 Churchgate.

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