Edson Machinery Company Limited

Edson Machinery Company Limited, based in Horley, UK, is a small, active company established 46 years ago. With five employees and £15,575 in assets, it’s a long-standing business with two directors and two owners. The company operates as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in October 2022.

The company’s website highlights its specialization in coil winding machines, accessories, and consumables. It’s the country's leading supplier in this area, boasting over thirty years of experience and direct involvement in winding machine development. Edson Machinery acts as a UK agent for Schmidt Analogue and Electronic Tension Meters, offering help and advice on winding processes and even claiming to have reduced winding times by over 70% for some clients. The business also provides after-sales service, including prompt customer support and on-site engineering assistance within 24 hours.

However, a review of the company’s financial data reveals a concerning trend. Current assets have plummeted by 83%, dropping to £16,000, while net assets have fallen even further by 87%, settling at just £11,000. Bank borrowings have increased significantly, reaching £8,800, and cash reserves have vanished entirely. While creditors have decreased slightly, the dramatic decline in assets and cash, along with the increase in borrowings, suggests the company is burning through money. Trade debtors have also fallen considerably. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp drop in equity raises concerns. The company is exempt from an audit, so the figures are unaudited.

It’s clear that while Edson Machinery maintains a strong reputation in the coil winding industry, its financial health is precarious. Whether the company can sustain its position in the market remains to be seen.

Registered in England/Wales under the registration number 01406877, with a registered address at RH6 8JT, United Kingdom, Horley, Surrey, 4 Deepfields.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.