Scg Engineering Limited

Scg Engineering Ltd, based in Tipton, UK, is a small, active company founded four years ago. Employing ten people, it holds £2,225,074 in assets and operates from a real address. With three directors and three owners, the company regularly imports iron or steel products (for nine months, the last in September 2024) and exports them (for nineteen months, the last in October 2024).

The company’s website reveals it’s a UK manufacturer and stockist of fasteners and related products, serving a wide range of industries. They offer both in-house manufacturing and distribution, with a focus on precision, British craftsmanship, and next-day delivery. The site highlights their ability to handle bespoke requirements and their accreditation to ISO 9001:2015. They even supply to the utility sectors via AchillesID accreditation. Finished products range from nuts and bolts to specialized fasteners, available in various grades and finishes. The website also mentions a connection to Midland Engineering Ventures Limited.

Financially, Scg Engineering Ltd shows some interesting trends. Cash reserves increased by a substantial 97%, reaching £1,000,000, which is a positive sign. However, corporation tax payable rose by 36% to £160,000, and net losses increased, though the details aren’t fully clear. Trade debtors increased by 6.8% to £630,000, which might suggest a growing customer base, but also a potential risk of delayed payments. Creditors also increased, with a 45% rise in within-year payments. 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 increased tax liability and net loss needs to be watched. No auditor is mentioned, which is expected for a small, exempt company.

Registered in England/Wales under the registration number 12868789, with a registered address at DY4 7BU, England, Tipton, Unit A9 Link One Industrial Estate George Henry Road, Great Bridge.

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