Solutions Engineering Limited

Solutions Engineering Ltd, based in Stoke-on-Trent, UK, is a small, active family business established 27 years ago. With 28 employees and £1,572,451 in assets, the company operates from a virtual address, managed by three directors and two owners. It’s a long standing business, and it's been around for a while. The company regularly exports machinery, boilers, and mechanical appliances, parts (18 months exported), but imports these items irregularly (1 month imported). It also provides electro-mechanical engineering services.

The company’s website highlights its diverse range of services, from mechanical repairs and CNC milling to motor rewinds and even restoration work on historic Spitfire aircraft. It seems they’re a trusted partner for a range of industries, providing engineering support and repair services for industrial equipment 24/7. They even manufacture replacement parts for older equipment, like gearboxes, and are involved in the restoration of vintage pumps and motors. It's a really interesting mix of old and new technologies.

Financially, Solutions Engineering Ltd presents a mixed picture. While cash reserves increased by a substantial 62% to £640,000, bank borrowings jumped significantly to £43,000. Net assets remained stable at £1,700,000, but accrued liabilities decreased by 77% to just £7,700. Trade debtors saw a sharp decline of 17%, while creditors increased by 26%, suggesting a shift in payment terms. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor in the report, likely due to its small size.

Overall, Solutions Engineering Ltd appears to be a resilient business with a strong reputation for engineering expertise. While the increase in bank borrowings is a point to watch, the company’s financial foundation seems solid, and its diverse range of services positions it well for continued success.

Registered in England/Wales under the registration number 03459909, with a registered address at ST4 6SR, England, Stoke On Trent, Staffordshire, C/O Dpc Accountants Stone House, 55 Stone Road Business Park.

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