Transworld Engineering Ltd

Transworld Engineering Ltd, based in Birmingham, UK, is a small, active company founded fifteen years ago in 2009. With four employees and £248,130 in assets, it operates from a virtual address – eighteen other companies share the same location, which is unusual. The company is led by three directors and a solo founder, Pilley Stuart Alan William, and maintains a perfect 5.0 Google rating based on a single review. It’s a regular importer of optical and medical tools and devices, with 15 months of import activity, but only a sporadic exporter, having exported nothing for over two years.

The company’s website reveals it’s a specialist supplier of spring machinery, CNC spring coilers, and related equipment. It doesn't appear to be an e-commerce business; instead, it acts as a distributor and service provider for European companies like SAS Inc. and Comtech Italia, offering a wide range of machinery, tooling, and testing equipment. The website highlights a showroom where potential customers can see the equipment in action, and emphasizes expert advice, engineering support, and quality aftercare. It also offers bespoke machinery solutions tailored to specific manufacturing needs.

Financially, Transworld Engineering Ltd shows some concerning trends. Cash reserves have plummeted by 85%, dropping to just £4,600, while bank borrowings have increased significantly. Creditors have also risen substantially, suggesting increased short-term debt. Although current assets increased by 24%, the sharp decline in cash and the rise in debt raise questions about the company’s liquidity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, and the figures are unaudited. Depreciation charges for motor vehicles have also increased, which may indicate investment in new equipment. The company’s reliance on a small number of key suppliers and its limited export activity could make it vulnerable to market fluctuations.

Registered in England/Wales under the registration number 06997708, with a registered address at B16 9HN, England, Birmingham, 13 Portland Road, Edgbaston.

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