Subsea Tooling Services Uk Limited

Subsea Tooling Services Uk Ltd, based in Inverurie, UK, is a small, family-run holding company with an active status. Founded twelve years ago in 2013, the company employs eight people and holds £1,642,877 in assets. It operates from a real address at Unit 4 Colpy Business Park, and is overseen by three directors and three owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 7 months of import activity recorded, and exports the same, with 13 months of export activity.

The company’s website simply displays "Home," offering little insight into its operations beyond its core business. It appears to be a straightforward, online presence, likely supporting the import and export activities. The company operates in the other engineering activities, the renting and leasing of other machinery, equipment and tangible goods n.e.c. industries.

Financially, Subsea Tooling Services Uk Ltd presents a mixed picture. Current assets have increased by 23%, reaching £1,600,000, while net assets have surged 76%, hitting £2,400,000—a positive sign. Cash reserves, however, have declined by 43%, falling to £410,000. Trade debtors have ballooned by 100%, suggesting a possible reliance on customer payments, and creditors have decreased by 41%, indicating better debt management. The company meets two of three criteria to be considered a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The sharp increase in equity is a positive trend, but the decrease in cash reserves warrants monitoring. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Subsea Tooling Services Uk Ltd appears to be a stable, albeit cash-constrained, business. The growth in assets and equity suggests a healthy underlying operation, but the company will need to manage its cash flow effectively to sustain its growth.

Registered in Scotland under the registration number SC440798, with a registered address at AB51 0FU, United Kingdom, Inverurie, Unit 4 Colpy Business Park, Oldmeldrum.

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