Shield Manufacturing Technologies Limited

Shield Manufacturing Technologies Ltd, based in Leicester, UK, is a small holding company with an active status, founded three years ago. The company employs 15 people and holds £1,108,371 in assets, operating from a virtual address shared by 53 other companies. It’s managed by four directors and owned by one entity. Shield Manufacturing Technologies regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on April 01, 2024. It also exports electrical machinery and equipment, albeit irregularly, with the last export operation made on June 01, 2024.

The company’s website details a complex network of engineering businesses operating under the Shield Group banner. These include Fosse Way, Wenlock Way, Woolley GMC, Burrows Smith, Bridge Aluminium Burton Latimer, Spaw Engineering, O.L.D. Engineering, SMT Bridge Aluminium Castings, and Goddeeris Machining. The group specializes in machining and assembly solutions for industries like power generation, off-highway, construction, and automotive. They offer services ranging from component manufacturing and jig tooling to aluminium casting and even disaster recovery for pianos (through a related business, 1066 Pianos). The Shield Group prides itself on customer service, quality, and a broad range of capabilities, including design, tooling, and volume production.

Financially, Shield Manufacturing Technologies Ltd has experienced a turbulent period. Current assets have decreased by 24%, dropping to £1,100,000, while net assets have plummeted 55%, settling at £2,100,000. Bank borrowings have increased significantly, rising by 490%, reaching £24,000. Creditors have also increased substantially, ballooning by 130%, reaching £1,100,000. Trade debtors have fallen by 50%, suggesting a potential issue with collecting payments. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The lack of an auditor mentioned suggests the figures are unaudited.

Overall, Shield Manufacturing Technologies Ltd is navigating a period of financial strain. The complex structure of the Shield Group, while offering diverse capabilities, may also present management challenges. The company's ability to weather these financial pressures will depend on its ability to maintain customer relationships and streamline operations.

Registered in England/Wales under the registration number 14084479, with a registered address at LE1 1QH, United Kingdom, Leicester, First Floor, One Colton Square.

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