Sirius Engineering Group Ltd

Sirius Engineering Group Ltd, based in Durham, UK, is a holding company with an active status, established 22 years ago. Employing 194 people and holding £870,720 in assets, the company operates from a real address and is overseen by four directors and a single owner. Boasting a stellar 5.0 Google rating from five reviews, Sirius Engineering Group is an irregular importer, specializing in machinery, boilers, and mechanical appliances—parts, with the last import operation occurring just one month ago.

The company’s website paints a picture of a diverse engineering services provider. More than just brownfield development, Sirius Group offers a wide range of services to the built environment, from planning and geotechnical consultancy to demolition, remediation, drilling, and civil engineering projects. They also operate renewable energy assets, providing green power to industry across the UK. Their website highlights expertise in areas like geotechnical engineering, environmental consulting, and renewable energy development. The company's activities are described as head offices industries.

Financially, Sirius Engineering Group Ltd presents a mixed bag. Current assets have decreased significantly by 83%, dropping to £870,000, while bank borrowings have surged by a staggering 540%, reaching £1,000,000. Cash reserves have vanished entirely, falling 100% to zero. On a positive note, creditors have decreased by 19%, and net assets have increased by 550%, reaching £2,000,000. The company’s turnover is not specified, but it’s likely to be in the lower range given its size. The company's auditor is Anderson Barrowcliff Limited.

The sharp decline in cash reserves and the increase in bank borrowings could indicate a period of investment or increased operational expenses. The growth in net assets, however, suggests that the company’s underlying business is performing reasonably well. The company's small size helps it stay agile, but the financial strain raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 04660007, with a registered address at DH7 8HJ, Durham, Russel House Mill Road, Langley Moor.

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