Machinepart Engineering Limited

Machinepart Engineering Ltd from Haverhill UK is a small, active company founded 26 years ago. With 17 employees and £1,481,241 in assets, it operates from a virtual address, a fact highlighted by the presence of 130 other companies registered at the same location. The company has two directors and one owner, and currently holds a Google rating of 3.0 based on five reviews. It’s an irregular importer of electrical machinery and equipment, with just one month of import activity recorded as of February 1, 2025.

The company’s website showcases its services as a subcontract manufacturer of precision turned and milled component parts. It offers milling, turning, and water jet cutting, and lists a plant list for potential clients. The site also includes a privacy policy and career section, indicating a focus on both operational efficiency and employee retention. It seems to be a B2B operation, not an e-commerce site.

Financially, Machinepart Engineering Ltd presents a mixed picture. Current assets increased by 22% to £1,500,000, while net assets grew by 15% to £1,500,000. Cash reserves saw a significant boost, increasing by 50% to £1,100,000. However, trade debtors decreased by 19% to £220,000, and creditors increased by 25% to £200,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The lack of auditor information suggests it’s exempt from an audit as a small company.

The company's bank borrowings increased by 2,400%, reaching £29,000, which is a significant change. It’s unclear if this is a temporary influx of cash or a sign of financial strain. The increase in creditors, coupled with the decrease in trade debtors, suggests the company is managing its short-term liabilities effectively, but it's worth keeping an eye on. The company’s operations in the “other manufacturing n.e.c.” industry are a broad category, and its irregular import activity suggests a reliance on specific suppliers or a niche market.

Registered in England/Wales under the registration number 03757785, with a registered address at CB9 8AD, England, Haverhill, 31 High Street.

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