Sevale Engineering Limited

Sevale Engineering Ltd from Gloucester UK: a small, holding company with an active status, was founded 41 years ago in 1983. Employing ten people, the company holds £681,134 in assets and operates from a real address. With four directors and one owner, it’s a relatively compact organization. Regular imports of machinery, boilers, and mechanical appliances—parts—have been recorded for the last three months, with the latest operation occurring on July 01, 2024.

The company's activities are centered around other engineering activities, and it operates as a holding company. Its website is currently unavailable, making it difficult to determine if it engages in e-commerce or other online sales.

Financially, Sevale Engineering Ltd presents a mixed picture. While current assets decreased by 10% to £680,000, bank borrowings saw a dramatic surge of 2,400%, reaching £16,000. Cash reserves also fell by 69%, dropping to £45,000. Creditors decreased by 33%, suggesting better debt management, but accrued liabilities increased significantly, by 330%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in cash reserves warrants attention. No auditor is mentioned, likely due to its status as a small company.

The company's net assets remained steady at £530,000, and the company's average number of employees decreased by 10% to nine. Overall, Sevale Engineering Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 01737935, with a registered address at GL2 5DT, England, Gloucester, 14 Lower Tuffley Lane.

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