Afil Ltd

Afil Ltd from Cwmbran UK: a small holding company with an active status, established 37 years ago, employs 16 people, and holds £1,446,471 in assets. It’s managed by five directors and owned by Thornhill Global Ltd. The company regularly imports machinery, boilers, and mechanical appliances; parts (for 11 months, last import in 2017), and exports similar items (for 5 months, last export in 2017). Afil Ltd operates from a real address, shared by three other companies, and is overseen by a board of five directors.

The company’s website, Fire Extinguishers UK, showcases a wide range of fire suppression products, including extinguishers, brackets, and specialist systems. It caters to various industries, from commercial kitchens to aviation, and even offers piano restoration services through its associated website, 1066 Pianos. The site emphasizes quality, innovation, and customer service, with a focus on both retail sales and specialist solutions.

Financially, Afil Ltd presents a mixed picture. Current assets increased by 21%, reaching £1,400,000, while net assets also rose by 24%, reaching £1,100,000. However, cash reserves decreased by 25%, settling at £460,000. Bank borrowings remained stable at £36,000. Trade debtors increased significantly by 24%, suggesting potential issues with customer payments, and creditors rose 21% to £310,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for agility, but the increase in debtors warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Afil Ltd seems to be holding its own, but the rise in debtors and decrease in cash reserves could indicate some financial pressures. The diverse range of products and services, combined with its focus on quality, suggests a company with potential, but careful management of its finances will be crucial for continued success.

Registered in England/Wales under the registration number 02217275, with a registered address at NP44 5BD, Cwmbran, Torfaen, 55 Springvale Industrial Estate.

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