Staines Engineering Limited

Staines Engineering Limited, based in Bideford, UK, is a small, active company founded five years ago. With 16 employees and £391,965 in assets, it operates from a virtual address, managed by a single director and owner—a solo founder. The company boasts a stellar 5.0 Google rating based on seven reviews. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with the last import activity recorded a year ago.

The company’s website showcases a specialization in bespoke trailer solutions, operating under the name Staines Trailers. For over 30 years, they've provided custom-built trailers, collaborating with clients to meet their specific needs, from individual builds to major construction projects like Hinkley Point C and CrossRail. Their website highlights a full range of agricultural and commercial trailers, including bale, plant, dumpers, and specialized tankers. They emphasize in-house design, UK manufacturing, and skilled craftsmanship.

Financially, Staines Engineering Limited presents a mixed picture. While the company is small (meeting two of three conditions for a small company), its current assets have decreased significantly by 39% to £390,000. Bank cash has also fallen by a substantial 60% to £21,000. Creditors have reduced by 15% to £780,000, which could indicate improved debt management. However, net current liabilities have increased by 41% to -£390,000, and retained earnings have plummeted by 100% to -£220,000—a worrying trend. The company's reliance on creditors and the decrease in cash reserves suggest it may be burning through money, although it’s difficult to say for sure without more detailed information. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Registered in England/Wales under the registration number 12078089, with a registered address at EX39 2AT, England, Bideford, Devon, 69 High Street.

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