Katoni Engineering Ltd

Katoni Engineering Ltd, based in Aberdeen, UK, is a small, active company founded fifteen years ago in 2010. With 33 employees and £2,852,637 in assets, it's a well-established player in its sector. The company has a real address and is led by one director and one owner, maintaining a perfect 5.0 Google rating from four reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in July 2023.

Katoni Engineering’s website highlights its focus on the energy sector, offering services in safety compliance, net-zero solutions, assurance, optimisation, and EPC (Engineering, Procurement, and Construction). It positions itself as an award-winning consultancy, specializing in late-life asset management and production optimization, particularly for platforms, FPSOs, and unmanned installations. The website also features news articles, including a recent celebration of Dundee FC winning the 7th Katoni Cup and an initiative focused on mentoring and apprenticeships.

Financially, Katoni Engineering Ltd shows a mixed picture. While cash bank on hand increased by 32% to £500,000, net assets decreased by 13% to -£1,300,000, a significant drop. Creditors rose by 18% to £1,000,000, while trade debtors surged by 43% to £2,300,000, suggesting potential challenges in collecting payments. The company’s average number of employees increased by 45% to 48, which could be a sign of growth or increased workload. Intangible assets increased slightly, but overall, the company’s financial health appears to be under pressure. As a small company, it’s exempt from an audit, so the financial statements are unaudited. It’s likely that the company is investing in growth, but the decrease in equity warrants closer monitoring.

Registered in Scotland under the registration number SC371211, with a registered address at AB15 4YE, Scotland, Aberdeen, 64 Queens Road.

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