P.k. Engineering (west Bromwich) Limited

PK Engineering CNC Manufacturing Precision Engineering, based in West Bromwich, UK, is a small, family-run business with an active status. Founded 31 years ago in 1993, it employs eleven people and holds £728,089 in assets. With a real registered address and four directors alongside two owners, it’s a well-established operation. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 32 months of import activity recorded, the last in February 2025. It has a stellar 5.0 Google rating based on twelve reviews.

The company’s website highlights its specialization in CNC production work, boasting over 30 years of engineering experience. It offers turnkey precision components, operates an ISO 9001 certified quality management system, and emphasizes investments in machinery and employee training. PK Engineering serves a wide range of industries, from marine to aviation, and offers services including precision engineering, prototype engineering, and hydraulic component specialist work. The website also details its capacity, products, and commitment to customer satisfaction.

Financially, PK Engineering shows a mixed picture. Current assets increased by 12% to £730,000, while net assets grew by 30% to £1.2 million—a positive trend. However, bank borrowings surged by 3,000%, reaching £110,000, and cash reserves remained steady at £110,000. Creditors also increased significantly, rising 99% to £640,000, suggesting increased reliance on trade credit. 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 flexibility, but the substantial increase in borrowings raises questions about its financial leverage. The company's director, Mr. Hardip S Burmi, received a loan of £109,000 during the year. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, PK Engineering appears to be a thriving business with a strong reputation, but the increased debt levels warrant close monitoring. The company’s long history and family ownership suggest stability, but the financial data indicates a period of expansion—and perhaps, a bit too much borrowing.

Registered in England/Wales under the registration number 02837582, with a registered address at B70 7JW, England, West Bromwich, Unit 2/3 Exchange Works, Kelvin Way.

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