Intelect (uk) Limited

Intelect UK Engineering Teesside, Humberside, and the Midlands is a large, active company founded 27 years ago in 1997, based in Middlesbrough. With 110 employees and £7,375,064 in assets, it's a significant player, generating £18,848,686 in yearly revenue. The company operates from a real address and is overseen by three directors and two owners. It boasts a perfect 5.0 Google rating from two reviews. Intelect is a regular importer of machinery, boilers, and mechanical appliances, with parts imported for the last four months.

The company’s website showcases a broad range of engineering services, from food and beverage processing to renewable energy solutions and heavy industry equipment. It’s clear they’re not primarily an e-commerce business; instead, they offer design, construction, and maintenance services. They even have a section dedicated to apprenticeships and work experience, highlighting a commitment to developing talent. The site also features case studies, though many are confidential, demonstrating their capabilities across various industries.

Financially, Intelect shows some interesting trends. While cash bank on hand increased by a substantial 83% to £2,000,000, current assets decreased slightly to £7,400,000. Bank borrowings have significantly decreased, with the overdraft dropping 61% to £340,000, and the term loan decreasing by 53% to £140,000. Creditors have also decreased by 15%, suggesting improved debt management. However, administrative expenses increased by 14% to £2,100,000, and net losses deepened to -£2,000,000. The company’s large size (meeting two of three conditions for being a large company) indicates a substantial operation, but the increased expenses and net losses warrant further investigation. The company is audited by Anderson Barrowcliff Limited. Overall, Intelect UK Engineering appears to be a well-established engineering firm navigating a changing economic landscape, with a focus on skilled labor and diverse service offerings.

Registered in England/Wales under the registration number 03444420, with a registered address at TS2 1QT, Middlesbrough, Stephenson House Intelect Court, Riverside Park.

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