Utilities Support Engineering Limited

Utilities Support Engineering Limited is a small, active company based in Harlow, UK, founded 26 years ago in 1998. With five employees and £568,153 in assets, it’s a family business run by a single director and two owners. The company operates from a real address within the Harlow Enterprise Centre and regularly imports machinery, boilers, and mechanical appliances, with the latest import activity occurring in April 2024.

The company specializes in pipeline isolation services, offering solutions like insertion valves (HydraStop, InstaValve, AVT EZ Valve) and hot tapping. Its website highlights rapid response services, particularly within London, the South East, and the East of England, and boasts an extensive inventory to accommodate various pipe sizes and materials. It’s a specialist engineering company servicing the water utility industry.

Financially, Utilities Support Engineering Limited presents a mixed picture. While current assets decreased by 24% to £570,000, equity increased by a significant 13% to £1,000,000. Cash bank on hand dropped by 23% to £170,000, and bank borrowings increased by 150% to £26,000. Trade debtors decreased by 42% to £220,000, suggesting improved collections. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The increase in equity, despite the drop in cash, could indicate increased retained earnings or perhaps new investments. With no auditor mentioned, the financial statements are unaudited. The company’s workforce has decreased by 20% to four employees.

Registered in England/Wales under the registration number 03607038, with a registered address at CM20 2HU, England, Harlow, Essex, Unit 35/36 Harlow Enterprise Centre Burnt Mill.

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