Pecm Systems Ltd

Pecm Systems Ltd, based in Barnsley, UK, is a small, active company founded thirteen years ago in 2011. With three employees and £275,604 in assets, it operates from a virtual address – ten companies registered at the same location – and is led by a solo founder who also serves as director and owner. The company regularly imports machinery, boilers, and mechanical appliances, parts, for five months, and exports the same items for twelve months, with the latest export activity in April 2024.

The company’s website details its specialization in Electro Chemical Machining (ECM) and Electro Discharge Machining (EDM) – producing machines for a global customer base within aerospace, medical, biopharma, and precision tooling industries. Its machines range from deburring tools to production systems worth over £1.5 million, and are even used to manufacture components for stealth aircraft and helicopters. Pecm Systems invests in research and development, having won double SMART awards for innovation. The site also highlights polishing services for the biopharma and semiconductor industries, and offers bespoke machinery solutions.

Financially, Pecm Systems Ltd shows a mixed picture. Current assets have increased by 65% to £280,000, while net assets have increased by 29% to £280,000. Bank borrowings have decreased by 21% to £14,000, and cash reserves have increased dramatically by 11,000% to £100,000 – a very positive sign. However, accrued liabilities have increased by 120% to £8,200, and the company has provided a specific advance or credit to its director, which has been repaid. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in accrued liabilities warrants monitoring. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Pecm Systems Ltd appears to be a growing business, benefiting from its niche expertise in ECM and EDM technology, though it’s important to keep an eye on its liabilities.

Registered in England/Wales under the registration number 07748911, with a registered address at S70 1TL, Barnsley, 36-40 Doncaster Road.

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