St.clare Engineering Limited

St Clare Engineering Ltd, based in Eastleigh, UK, is a small, active company with a rich history, having been founded 66 years ago in 1959. Employing five people, it holds assets valued at £278,007 and operates from a real address, managed by two directors and a single owner—the solo founder. The company runs an e-commerce site, specializing in the manufacture of lifting and handling equipment, particularly drum handling forklift attachments. It regularly imports machinery, boilers, and mechanical appliances, parts, with a three-month import history, and exports the same, with a seven-month export record.

The company's website, GrabOMatic, showcases a global presence, highlighting its role as the sole manufacturer of GrabOMatic drum handling forklift attachments. Beyond its core product line, St Clare Engineering also offers bespoke solutions like work platforms and self-dumping hoppers. The site emphasizes servicing and spare parts, even offering a quick release system for hire. It also highlights partnerships and provides news updates on industry trends, like supporting world logistics hubs.

Financially, St Clare Engineering’s report reveals a mixed picture. While net assets grew by 16%, reaching £230,000, cash reserves fell 30% to £140,000. Trade debtors increased significantly by 100%, suggesting a potential challenge in collecting payments. Bank borrowings also rose, reaching £15,000. Despite these pressures, creditors decreased by 18%, indicating improved debt management. The company’s small size—meeting two of three criteria for a small company—helps maintain agility. No auditor is mentioned, likely due to the small company exemption. The company’s financial statements are unaudited.

Overall, St Clare Engineering Ltd appears to be navigating a period of change. While the business is clearly active and well-established, the financial data suggests a need to carefully manage cash flow and collections. The company's long history and global reach, however, provide a strong foundation for continued success.

Registered in England/Wales under the registration number 00619491, with a registered address at SO50 9EY, England, Eastleigh, Hampshire, Unit 1 Brookwood Industrial Estate, Brookwood Avenue.

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