Torishima Service Solutions Europe Limited

Torishima Service Solutions Europe Ltd, hailing from Glasgow, UK, is a holding company with a solid 15-year history. Employing 59 people and boasting assets of £8,475,445, the company maintains an active status and a stellar 5.0 Google rating from five reviews. It regularly imports and exports machinery, boilers, and mechanical appliances – parts, with a focus on importing for 36 months and exporting for a substantial 69 months. Five directors and one owner guide the company, which operates from a real address shared by only two other businesses.

The company's website paints a picture of a specialist industrial service provider. Since 1919, Torishima has been driving innovation in pump manufacturing and offering a range of industrial services. They focus on providing high-quality products and services to industries like water, wastewater, power, and oil & gas, with a particular emphasis on European and UK markets. Their service offerings are extensive, including mechanical service, re-engineered design, dynamic balancing, and even hydraulic training courses. They also have a dedicated division for cryo pump repairs and even power evolution.

Financially, Torishima Service Solutions Europe Ltd shows some interesting trends. Accrued liabilities have increased by 23%, while cash bank on hand has fallen by a significant 39%. Despite this, comprehensive income and expenses have surged by 240%, indicating potentially strong operational performance. Debtors have increased dramatically, up 93%, which could be a positive sign of growing sales, but also a risk if collections slow down. Net assets have grown by 25%, a positive indicator of overall financial health. The company’s turnover is likely to be substantial, although the exact figure isn't provided in the report. The company is audited by Robb Ferguson, and the financial statements are prepared in accordance with Financial Reporting Standard 102.

The growth in debtors and the decrease in cash reserves suggest that the company is investing in growth, but it's important to monitor these trends closely. The company’s focus on specialized services and its established presence in the European market position it well for continued success, although the sharp increase in debt should be watched.

Registered in Scotland under the registration number SC376021, with a registered address at G32 8SL, Scotland, Glasgow, 30 Colliery Road, Clyde Gateway Business Park, London Road.

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