Uplands Engineering Limited

Uplands Engineering Ltd, based in Waterham, UK, is a small holding company with an active status, celebrating 20 years since its founding. Employing 64 people and holding £2,649,635 in assets, the company operates from a real address and is overseen by six directors and one owner. It’s a regular importer of machinery, boilers, and mechanical appliances—parts, with the last import operation occurring in December 2022—and an irregular exporter of optical and medical tools and devices, with the last export in August 2021.

The company’s website reveals a diverse range of engineering services, catering to both marine and industrial sectors. Uplands Engineering positions itself as a "Your Marine Power Generation Specialists" and "Your Marine Industrial Engineering Specialists," offering services from fabrication and welding to power generation and civil engineering projects. It boasts three locations across the South East—Faversham, Rochester, and Dover—and emphasizes a "positive can do attitude" and a commitment to providing effective solutions. The site also highlights over 35 years of experience supporting businesses across various industries, including dredging, shipping, manufacturing, and utilities.

Financially, Uplands Engineering Ltd presents a mixed picture. Current assets have decreased by 2.2% to £2,600,000, while net assets have fallen 6.2% to £1,400,000. Bank borrowings have increased, reaching £78,000, and cash reserves have declined 14% to £120,000. Creditors have also decreased by 1.0%, suggesting improved debt management. The company meets the criteria for a small company—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from an audit.

The decrease in cash reserves and net assets could be attributed to increased investment in projects or operational expenses. The increase in bank borrowings suggests the company is leveraging debt to fund growth, but the declining cash position warrants close monitoring. The lack of an auditor mentioned, while typical for small companies, means the financial statements rely on internal reporting.

Registered in England/Wales under the registration number 05234655, with a registered address at ME13 9EJ, Waterham, Faversham Kent, Waterham Business Park, High Street Road.

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