Sycamore Process Engineering Limited

Sycamore Process Engineering Ltd, based in Yeovil, UK, is a large, holding company with an active status, established 20 years ago. The company employs 52 people and holds assets valued at £3,050,614, generating a yearly revenue of £11,446,321. With seven directors and one owner, the business operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances, parts.

The company’s website showcases a focus on process solutions for the dairy, food, beverage, and plant-based industries. They offer a range of services, including CIP systems, pasteurisation, membrane filtration, and cheese processing equipment. Beyond equipment sales, Sycamore Process Engineering also provides engineering support, project delivery, parts and service, and even custom designs. The site highlights a team of experts and emphasizes a commitment to providing quality solutions. Recent news includes partnerships with Wyke Farms and the appointment of Andrew Jeans to manage parts and service sales.

Financially, Sycamore Process Engineering Ltd presents a mixed picture. While turnover remained consistent at £11 million, net assets decreased by 13% to £1.1 million. Bank borrowings increased by 10%, reaching £54,000, and cash reserves dropped by 97%, leaving just £490. Creditors decreased by 44%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total over £18 million. The lack of an auditor mentioned in the report suggests it's exempt as a smaller company, and the figures are unaudited.

The sharp decrease in cash reserves is a point of concern, potentially indicating increased operating expenses or investments in growth. However, the decrease in creditors suggests the company is managing its short-term liabilities effectively. The company’s focus on specialized engineering solutions and its established presence in the food and beverage processing sector should provide a stable foundation for future growth, but monitoring cash flow will be key.

Registered in England/Wales under the registration number 05383053, with a registered address at BA22 7FE, England, Yeovil, Somerset, King Arthurs Park, Sparkford.

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