Turbine Engineering Services Ltd

Turbine Engineering Services Ltd, based in Pershore, UK, is a small holding company with an active status, established thirteen years ago. The company holds £2,317,929 in assets and operates from a real address shared by two other businesses. Led by one director and owner, it’s a relatively lean operation. Turbine Engineering Services Ltd regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 29 months of import activity and 28 months of export activity recorded.

The company’s website reveals a global provider of turbine maintenance solutions, specializing in gas turbines, particularly those designed by General Electric. With over 2,000 years of combined employee experience, Turbine Services offers a wide range of products and services, including spare parts, component repair, rotor overhauls, field support, turbine refurbishment, combustion inspection elimination kits, advanced control systems, training courses, long-term service agreements, and condition monitoring. They even offer refurbished turbines and collaborate with Power Development International. The website's focus is on providing comprehensive turbine solutions for owners and operators.

Financially, Turbine Engineering Services Ltd shows a mixed picture. Cash bank on hand has decreased by 15%, falling to £1,300,000, while creditors have increased by 43%, reaching £1,200,000. Net assets have also declined significantly, dropping 26% to £1,200,000. While debtors have decreased slightly, the increase in creditors suggests potential cash flow pressures. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decrease in equity is a point to watch. The company’s directors acknowledge their responsibilities under the Companies Act, and the accounts are unaudited, likely due to the company’s small size. The company’s turnover is not mentioned, but the decrease in net assets and cash reserves may be a sign of financial strain, although it is not necessarily a negative trend.

Registered in England/Wales under the registration number 07671788, with a registered address at WR10 2JN, England, Pershore, Worcestershire, Units 10-13 Aintree Road, Keytec 7 Business Park.

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