S G Equipment Limited

S G Equipment Limited, based in Stalybridge, UK, is a small, holding company with an active status. Founded 23 years ago in 2001, the company employs 37 people and holds assets valued at £7,975,827. It operates from a virtual address, a bit of a red flag, and is managed by six directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation recorded in January 2018. It exports very little, with only two months of export activity recorded, the last in August 2018.

The company’s website, BPCE Equipment Solutions, reveals a much larger operation. It’s part of Groupe BPCE and provides integrated financial solutions for equipment, serving vendors, dealers, and customers across 24 countries. The site emphasizes expertise in various sectors, including technology, agriculture, and healthcare, and highlights a commitment to CSR and sustainable practices. It seems S G Equipment Limited acts as a local arm within a much larger international network.

Financially, S G Equipment Limited’s recent performance shows some concerning trends. Cash reserves have plummeted by a staggering 87%, leaving only £22,000. Net losses deepened considerably, falling 68% to £110,000. Trade debtors have also decreased by 28%, suggesting potential issues with customer payments. On the positive side, creditors have decreased by 26%, and net assets have increased slightly by 1.6%. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the decline in cash and increased borrowing (up 1700%) are cause for concern. The company is exempt from having an auditor, so the financial statements are unaudited.

Overall, S G Equipment Limited appears to be navigating a challenging period, likely influenced by its parent company's transition. While the larger BPCE Equipment Solutions network offers stability and expertise, S G Equipment Limited’s own financial health warrants close monitoring.

Registered in England/Wales under the registration number 04301129, with a registered address at SK15 1QZ, Stalybridge, Cheshire, 185 Stamford House, Stamford Street.

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