Stalham Engineering Co Limited

Stalham Engineering Co Ltd from Norwich UK is a large, active company founded 61 years ago. Employing 47 people and boasting assets of £6,000,863, the company generated a revenue of £10,317,926 in its last reported year. With a real address and four directors, it’s a well-established business, reflected in its impressive 5.0 Google rating from 185 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on October 01, 2024, and occasionally exports similar items, with the last export operation made on April 01, 2023.

The company’s website is non-existent, so it’s impossible to determine if they operate an e-commerce site. Without a website, it’s likely that they focus on B2B sales, perhaps supplying agricultural machinery or offering repair services to local businesses.

Financially, Stalham Engineering Co Ltd presents a mixed picture. While turnover remained steady, net assets decreased by 5.6% to £1,300,000. Bank borrowings saw a significant drop, decreasing by 65%, which is a positive sign. However, cash bank on hand fell by 56%, and cash cash equivalents cash flow value plummeted to a negative £120,000 – a concerning trend. Creditors increased by 16%, suggesting a reliance on trade credit. Despite these challenges, the company’s property, plant, and equipment increased by 3.4%, which may reflect investments in maintaining its operations. The company is meeting two of three criteria for being a large company, with turnover more than £36 million, balance sheet more than £18 million, employees more than 250.

The company’s financial statements were audited by Sexty & Co, providing a degree of assurance regarding the accuracy of the reported figures. Overall, Stalham Engineering Co Ltd appears to be navigating a period of transition, with some positive financial indicators offset by concerning trends in cash flow. The company’s long history and strong reputation suggest it has the resilience to weather these challenges, but close monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 00759472, with a registered address at NR12 9QG, Norwich, The Green, Stalham.

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