Partington Engineering Limited

Partington Engineering Ltd, based in Cannock, UK, is a small, holding company with an active status. Established 22 years ago, the company employs 22 people and holds assets totaling £1,647,221. It operates from a real address and is overseen by five directors and one owner. The firm regularly imports aluminum and aluminum products (7 months of imports), and occasionally exports furniture, lighting, and prefabricated buildings (1 month of exports).

The company’s website showcases a diverse range of materials handling equipment, from cash and carry trolleys to specialized cylinder handling systems. It appears to be primarily a manufacturer and distributor, rather than an e-commerce retailer. The site highlights a commitment to quality, British craftsmanship, and environmental responsibility, catering to various industries.

Financially, Partington Engineering Ltd presents a mixed picture. Cash bank on hand decreased by 20% to £230,000, while creditors increased by 85% to £430,000. Trade debtors significantly increased by 180% to £1,200,000, which could indicate increased sales but also potential challenges in collecting payments. On a positive note, average number of employees increased by 18% to 26, suggesting growth. Equity increased by 15% to £1,600,000, which is a good sign. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is likely due to the company’s small size and exemption from an audit. The increase in creditors and debtors suggests the company is growing, but also needs to manage its cash flow carefully.

Registered in England/Wales under the registration number 04552017, with a registered address at WS11 7XT, England, Cannock, Staffordshire, Unit 16 Mill Park, Hawks Green Ind Estate.

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