Advanced Manufacturing (sheffield) Limited

Advanced Manufacturing Sheffield Ltd, based in Rotherham, UK, is a sizable company with an active status, having been incorporated 23 years ago. Employing 82 people, it holds assets worth £4,547,335. The company operates as a holding company and has six directors and one owner, boasting a respectable Google rating of 4.0 based on three reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, parts (imported for 8 months), and a regular exporter of aircraft, spacecraft, and their parts (exported for 12 months).

The company’s website highlights its expertise in bespoke manufacturing and machining services, producing components from hard metals for aerospace and energy industries. It serves both prototype development and full-scale production runs, catering to customers across various sectors. The website emphasizes a commitment to British craftsmanship and delivering high-quality, precision-engineered parts.

Financially, Advanced Manufacturing Sheffield Ltd presents a mixed picture. Current assets decreased by 7.9% to £4,500,000, while net assets fell 6.1% to £2,800,000. Bank borrowings decreased by 11%, reaching £180,000, and cash reserves fell 69% to £120,000. Creditors decreased by 46%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and a balance sheet total exceeding £18 million. The lack of an auditor mentioned in the report suggests the company is exempt, relying on unaudited financial statements.

The decrease in cash reserves, while concerning, could be due to increased investment in production or expansion. The company’s focus on high-value sectors like aerospace suggests a strong potential for future growth, but it will need to carefully manage its finances to ensure long-term stability. The company’s continued focus on quality and precision engineering, combined with its established position in the market, should help it weather any economic challenges.

Registered in England/Wales under the registration number 04364671, with a registered address at S60 5TR, England, Rotherham, South Yorkshire, Unit B, Poplars Business Park Poplar Way, Catcliffe.

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