Et Works Ltd

Works Et Ltd, based in Walton On Thames, UK, is a small holding company with an active status, having been founded 26 years ago. The company employs 21 people and holds assets worth £2,648,077, generating a yearly revenue of £7,814,743. It has a real address, is overseen by two directors, and is owned by one individual. The company regularly imports machinery, boilers, and mechanical appliances, parts (30 months imported), and exports the same (53 months exported).

The company's website describes Works Et Ltd as a team of technical experts who diagnose, solve, and deliver independent IT solutions. They partner with leading hardware and software vendors, offering services ranging from managed IT to cloud solutions and cybersecurity. The site showcases case studies, highlighting successful projects for clients like The Bedford College Group and UK delivery companies. Testimonials from satisfied clients praise their expertise and commitment. The company operates in the information technology consultancy, computer facilities management, and data processing industries.

Financially, Works Et Ltd shows some interesting trends. Cash bank on hand has fallen significantly, dropping 53% to £920,000. Bank borrowings have increased slightly, though cash reserves have fallen. Creditors have increased by 5.9%, suggesting a bit of strain, but trade debtors have ballooned by 100%, which could indicate delayed payments from customers or an expansion of credit terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. Administrative expenses have increased by 6.3%, and the company’s net assets have decreased by 8.4%. The company’s auditor is GBJ LLP.

While the company's revenue has increased, the decline in cash reserves and the increase in trade debtors raise questions about its short-term financial health. The company’s focus on IT solutions and partnerships suggests a commitment to innovation, but managing cash flow will be crucial for sustained growth.

Registered in England/Wales under the registration number 03746274, with a registered address at KT12 2DP, Walton On Thames, Surrey, Cambridge House, Cambridge Road.

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