Taylor Engineering (services) Limited

Taylor Engineering Services Ltd, based in Fochabers, UK, is a small, active company founded eleven years ago. With 24 employees and £1,564,842 in assets, it’s a well-established operation. The company has five directors and two owners, and operates from a real address at 5 Mosstodloch Industrial Estate. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with the last import activity occurring in May 2024.

The company’s website, taylor-engineering.co.uk, describes Taylor Engineering Services Ltd as a provider of engineering services, specializing in the manufacture of metal structures and parts. It appears to be a B2B operation, rather than an e-commerce site, focusing on custom fabrication and repair work. The website highlights its capabilities in welding, machining, and assembly, catering to a range of industries.

Financially, Taylor Engineering Services Ltd shows a mixed picture. Current assets have decreased by 11% to £1,600,000, while net assets have fallen by 4.1% to £1,600,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £28,000. On the upside, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Taylor Engineering Services Ltd seems to be navigating a period of change. While its core engineering services appear to be ongoing, the financial data suggests a need for careful management to ensure long-term stability.

Registered in Scotland under the registration number SC451062, with a registered address at IV32 7LH, Scotland, Fochabers, Morayshire, 5 Mosstodloch Industrial Estate.

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