Sheco Automotive Systems Limited

Sheco Automotive Systems Ltd from Tipton UK: small company, holding company, active status, founded 32 years ago, 33 employees, £7,805,794 assets, real address, 5 directors, 1 owner, google rating 4.0 based on 8 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (5 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the installation of industrial machinery and equipment industries. Officially, it has one owner or PSCs, five directors, and thirty three employees.

Sheco Automotive Systems Ltd specialises in vehicle test and fluid fill, bulk storage and end of line testing solutions for the automotive industry. It also provides advanced heating solutions for the industrial and commercial sectors, and is at the forefront in providing bespoke heating and cooling engineering solutions for clients transitioning to a sustainable future. The company's website showcases a diverse range of services, from engineering solutions for over 40 years to renewable energy systems. It’s clear that Sheco isn’t just one thing – it’s a group of companies, including Sheco Engineering Services Ltd and Sheco Renewable Systems Ltd, all operating under the same umbrella. The company's contact information is readily available, and social media links are provided at the bottom of the page.

Financially, Sheco Automotive Systems Ltd presents a mixed picture. Current assets increased by a healthy 19%, reaching £7.8 million, while net assets grew by 3.9% to £5 million. However, bank borrowings decreased by 29%, and creditors increased by 62%, suggesting a shift in payment terms. A notable trend is the significant increase in average employees during the period, jumping 33% to 44. Property, plant, and equipment also saw a 40% increase, likely reflecting investment in its operations. The company’s small size helps it stay agile, but the increase in creditors needs to be monitored. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Sheco Automotive Systems Ltd seems to be a stable, diversified business. While the increase in creditors is something to keep an eye on, the company's growth in assets and employees suggests a healthy trajectory. The multiple divisions—automotive testing, industrial heating, and renewable energy—provide resilience and opportunities for future expansion.

Registered in England/Wales under the registration number 02758728, with a registered address at DY4 8XE, Tipton, West Midlands, Quality House Coneygre Road, Fisher Street.

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