Peartree Engineering Ltd

Peartree Engineering Ltd, based in Buckingham, UK, is a small holding company with an active status. Founded three years ago in March 2022, the company employs just four people and holds £278,864 in assets. It operates from a virtual address – a red flag, as 56 companies are registered at the same location – and is managed by two directors and one owner. Peartree Engineering is an irregular importer, primarily dealing with copper and copper products, with its last import operation occurring in September 1, 2023.

The company’s website reveals a focus on high-precision CNC machining services. Peartree Engineering boasts state-of-the-art technology and a wealth of experience, catering to industries like marine, medical, electrical, and motorsports. They offer services ranging from CAD/CAM programming to tube bending and tooling, and even provide inspection services with a dedicated area and Mitutoyo CMM. The website highlights their commitment to quality, mentioning a BSI Quality Management System ISO90012015 and showcasing a range of advanced machining centers, including five-axis machines and Haas CNC lathes. They also offer subcontract services like grinding and anodising.

Financially, Peartree Engineering Ltd presents a mixed picture. While current assets increased by 25% to £280,000, net assets grew by 73% to £220,000—a positive sign. However, cash reserves plummeted 57% to £21,000, and bank borrowings surged by 500% to £29,000. Creditors also increased significantly, rising 140% to £61,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in cash reserves suggests it’s burning through money. There's no auditor mentioned, likely due to its small size and exemption from an audit. The increase in debtors, however, could be a cause for concern, suggesting slower payments from customers.

Registered in England/Wales under the registration number 13989125, with a registered address at MK18 3FU, England, Buckingham, 14 Brook Dene, Winslow.

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