Ransome Engineering Services Limited

Ransome Engineering Services Ltd from Colchester UK: a small, active company established 43 years ago, employs 32 people, and holds £1,851,791 in assets. It’s a real address with six directors and two owners, operating as a family business and maintaining a Google rating of 4.0 based on 14 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains or trams), with the last import operation occurring in January 2025.

The company’s website, Ransome Fleet Solutions, highlights its focus on commercial vehicle services, parts, and mobility solutions. It’s relocated to a new facility in Colchester as part of a £1.5 million investment, expanding its operations to cover North and East London. The site details services for transport refrigeration, bus and coach air conditioning, tail lifts, passenger lifts, and mobility products, offering same-day and next-day parts delivery nationwide. It also serves as a dealer for various manufacturers, including Carrier Transicold, Thermoking, and Ratcliff. The website showcases a range of services, from parts sales to engineering work, catering to both large and small customers.

Financially, Ransome Engineering Services Ltd presents a mixed picture. Current assets increased by 7.3% to £1,900,000, while net assets rose by 16% to £860,000. However, bank borrowings increased significantly by 42% to £75,000, and cash reserves dropped dramatically to just £2. 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 sharp decrease in cash reserves raises concerns. Creditors decreased by 11%, suggesting improved debt management. The company is exempt from an audit as a small business, and the figures are unaudited.

It seems Ransome Engineering Services Ltd is navigating a period of growth and investment, but the company needs to keep a close eye on its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 01590392, with a registered address at CO4 5WY, England, Colchester, 2 Easter Park, Axial Way.

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