Tickhill Engineering Company Limited

Tickhill Engineering Company Limited, based in Doncaster, UK, is a large, holding company with an active status, celebrating 60 years in business. Founded in 1964, the company employs 110 people and holds assets totaling £17,668,835. It operates from a real address and is overseen by two directors and two owners. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts—with 7 months of import activity and 72 months of export activity recorded.

The company’s website showcases its expertise in vegetable harvesting, grading, washing, and packing systems. It offers a wide range of machinery, from washing and drying equipment to destoning and grading solutions, catering to various crops and sectors. Haith Machinery, as it's also known, provides comprehensive services, including 3D line design, project management, installation, training, and after-sales support. The website also highlights case studies and customer testimonials, demonstrating the company’s success in delivering innovative solutions to its clients.

Financially, Tickhill Engineering Company Limited presents a mixed picture. While cash bank on hand increased significantly by 39% to £8.2 million, administrative expenses rose by 8.8% to £2.7 million. Net assets increased by 18% to £17 million, a positive sign. However, current assets decreased by 7.5% to £18 million, and bank borrowings surged by 2,400% to £15,000. Trade debtors decreased by 26% to £340,000, which could indicate improved collection practices, but also a possible slowdown in sales. The company’s size (meeting two of three criteria for a large company: turnover more than £36 million, balance sheet more than £18 million, employees more than 250) suggests a substantial operation, and the accounts were audited by Warrens GBC Ltd.

Overall, Tickhill Engineering Company Limited appears to be a stable, established player in its niche market, but the increased borrowing and decrease in current assets warrants further observation. The company’s focus on innovation and customer service, as highlighted on its website, should help it navigate any financial challenges and sustain its growth in the long term.

Registered in England/Wales under the registration number 00809228, with a registered address at DN3 3EE, Doncaster, Yorkshire, Cow House Lane, Armthorpe.

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