Ivor Searle Limited

Ivor Searle Limited, based in Ely, UK, is a well-established company with a 47-year history, currently employing 125 people. Boasting £8,110,320 in assets, the business operates from a real address in Soham, Cambridgeshire, and is led by four directors and one owner. The company’s Google rating sits at 3.0 based on 55 reviews, indicating room for improvement in customer perception. Ivor Searle runs an e-commerce site and is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 370 months of import activity and 242 months of export activity.

The company specializes in the remanufacturing of engines, cylinder heads, gearboxes, and turbochargers, catering to a range of industries. Its website highlights a commitment to quality, warranty, and customer service, with a focus on providing solutions for fleet operators and stockists. The business also offers DPF cleaning services, utilizing "Flash Cleaning" technology, and provides parts for various makes and models.

Financially, Ivor Searle Limited demonstrates some concerning trends. While average employee numbers increased by 9.6% to 140, accrued liabilities and deferred income rose by 11.0% to £380,000. However, cash and cash equivalents decreased significantly by 46.0% to £940,000. Director remuneration was reduced by 16.0% to £170,000. Interestingly, staff costs increased by 15.0% to £5.3 million. The company’s net assets have increased by 90.0% to £4 million. The company’s turnover increased by 38.0% to £2.1 million. The company is audited by Ensors Accountants LLP.

These figures suggest a period of investment and growth, but also increased financial pressures. The surge in liabilities and decrease in cash reserves could indicate reliance on borrowing or delayed payments. However, the increase in turnover and staff numbers suggests a growing business with strong demand for its services. It’s possible the company is expanding its operations and incurring higher costs in the short term, but the long-term outlook remains positive.

Registered in England/Wales under the registration number 01364071, with a registered address at CB7 5BA, Ely, Cambridgeshire, 2 Regal Lane, Soham.

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