Railway Electrical Services Limited

Railway Electrical Services Ltd, based in Ilkeston, UK, is a small holding company with an active status, established 24 years ago. Employing 51 people and holding assets of £2,863,975, it operates from a real address and is overseen by five directors and a single owner. The company boasts a stellar 5.0 Google rating based on five reviews and regularly imports electrical machinery and equipment, with the last import operation occurring four months ago.

The company’s website paints a picture of a comprehensive electrical engineering and services provider for the rail industry. It doesn's appear to be an e-commerce site, but rather a service-based business. Railway Electrical Services Ltd offers a wide range of services, including civil engineering, electrical testing, project management, design, maintenance, and support. It also provides consultancy, surveying, and telecoms solutions, alongside specialized services like DNO earthing and bonding, civil works, lighting installations, and signalling. The website highlights case studies showcasing its work on various rail projects and emphasizes its client-focused approach. The company also actively engages on social media, sharing updates on hiring, safety standdowns, volunteer projects, and industry conferences.

Financially, Railway Electrical Services Ltd shows a mixed picture. Cash bank on hand dropped by 29%, falling to £810,000, while bank borrowings increased by 18%, reaching £130,000. Creditors decreased by 3.3%, suggesting improved debt management, but trade debtors rose by 20%, indicating potential delays in customer payments. The company’s net assets remained stable at £1,700,000. Despite a slight increase in the average number of employees (53), the company still meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, likely due to the company's small size and exemption from an audit. The company's auditor is HSKS Greenhalgh Ltd.

Overall, Railway Electrical Services Ltd appears to be a stable, albeit modestly sized, business. While the decrease in cash reserves is a point to watch, the company's strong service offering and established presence in the rail industry suggest a solid foundation for continued operation.

Registered in England/Wales under the registration number 04123907, with a registered address at DE7 4AZ, Ilkeston, Derbyshire, St Bartholomews Church, Hallam Fields Road.

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