Site-equip Limited

Site-Equip Limited, based in Waterlooville, UK, is a small holding company with an active status. Founded thirty years ago in 1995, the company employs sixty-three people and holds assets worth £2,269,274. Its yearly revenue is £7,112,641, and it operates from a real address. Six directors oversee the business, alongside one owner. The company is an irregular importer of electrical machinery and equipment, with recent import activity spanning two months.

The company's website showcases a diverse range of services and products related to temporary groundworks solutions. It's clear Site-Equip Limited isn’t an e-commerce site; instead, it functions as a supplier and service provider to the construction industry. The site highlights a wide array of equipment, from trench boxes and shielding to formwork and pipe handling tools. They offer design services, arrange site visits, and provide technical support, emphasizing quality equipment, bespoke engineering, and comprehensive service. The website has a lot of information and is well-organized.

Financially, Site-Equip Limited’s recent performance reveals some concerning trends. Current assets have significantly decreased by 35%, dropping to £2,300,000, while net assets have plummeted 41%, settling at £1,200,000. Bank borrowings have seen a substantial increase, rising by 43% to £63,000, and cash reserves have fallen 50% to £80,000. Trade debtors have increased by 40%, suggesting a potential issue with customer payments. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the drop in equity is a cause for concern. As a small company, it’s exempt from an audit, so these figures are unaudited.

The company’s reliance on external financing, coupled with the decline in cash reserves, suggests it may be burning through money. The increase in trade debtors could be a sign of customers struggling to pay, or perhaps the company is offering more credit terms to boost sales. While the company’s services appear in demand, its financial health warrants close monitoring.

Registered in England/Wales under the registration number 03008394, with a registered address at PO7 7AN, Waterlooville, Hants, Wellesley House, 204 London Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.