Swan Engineering Limited

Swan Engineering Ltd, based in Cupar, UK, is a small, active family business founded fifteen years ago. Employing twenty-eight people, the company holds £2,281,891 in assets and operates from a real address in Auchtermuchty. With three directors and two owners, it maintains a perfect 5.0 Google rating based on one review. Swan Engineering is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with the last import operation occurring just one month ago.

The company’s website showcases its expertise in fabrication, machining, process machinery, and onsite engineering, serving the food processing industry. Swan Engineering has supplied equipment to some of the UK’s biggest names, including Tesco, Asda, Coop, and Marks & Spencer, and specializes in production line installation and relocation. It also offers electrical maintenance, blasting, coating, and other services. The website clearly positions Swan Engineering as a manufacturer of high-quality equipment at an affordable price.

Financially, Swan Engineering Ltd demonstrates a mixed picture. Current assets have increased by a substantial 120%, reaching £2,300,000, while net assets have risen by 55% to £2,200,000. Bank borrowings have decreased by 3.3% to £19,000, and cash reserves have increased dramatically by 520% to £1,300,000. Creditors have surged by 230%, reaching £1,100,000, and trade debtors have increased by 60% to £620,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant increase in creditors should be monitored. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Swan Engineering Ltd appears to be growing and generating cash, but the substantial rise in liabilities suggests it may be investing heavily or extending credit terms—something that could be a risk if not managed carefully.

Registered in Scotland under the registration number SC373148, with a registered address at KY14 7DP, Scotland, Cupar, Fife, Swan Engineering Station Road, Auchtermuchty.

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