5 Axis Ltd

5 Axis Ltd from High Peak UK: small company, active status, founded 21 years ago, 27 employees, £1,172,709 assets, real address, 4 directors, 1 owner, google rating 5.0 based on 5 reviews. Irregular importer of aluminum and aluminum products (1 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of tools industries and has a rating of 5.0 on Google, based on five reviews.

5 Axis Ltd provides precision engineering and CNC manufacturing solutions, catering to global manufacturing projects. Their website details a range of services, including precision machining, fabrication, assembly, inspection, metrology, project management, and design. They serve diverse industries like aerospace, defence, space, automotive, nuclear, rail, and oil & gas. The company boasts state-of-the-art CNC machines, a fabrication workshop, and a temperature-controlled inspection room with a 5-axis CMM. They offer full turnkey assembly services and integrated design solutions, with weekly reporting for project management. It seems like they are not running an e-commerce site, but rather providing services to other businesses.

Financially, 5 Axis Ltd shows some concerning trends. While current assets increased by 14% to £1.2 million, net assets only rose slightly to £600,000. Bank borrowings have increased significantly, with overdrafts up 2.5% and non-financial instruments down 45%. Cash reserves have decreased by 21% to £270,000. Creditors have risen by 34%, suggesting a greater reliance on external financing. On the plus side, trade debtors have increased by 13%, which could indicate growing sales. The company’s small size helps it remain agile, but the increase in debt and decrease in cash reserves could be a cause for concern. It's likely that the company is not audited, given its size, and the figures are unaudited.

Registered in England/Wales under the registration number 04882814, with a registered address at SK22 4NQ, England, High Peak, Cheshire, Unit 2 Ensor Way, New Mills.

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