Afon Toolmakers & Engineers Limited

Afon Toolmakers & Engineers Ltd from Swansea UK: a small, holding company with an active status, has been operating for 44 years. Employing 48 people, the company holds £3,167,031 in assets and boasts a perfect 5.0 Google rating based on two reviews. Regular importer of iron and steel (3 months imported), the company has five directors and one owner.

The company operates in the manufacture of metal tanks, reservoirs, containers, machining, metal structures, and parts. While no website is available to analyze, the company’s business seems focused on metal fabrication and engineering services.

Financially, Afon Toolmakers & Engineers Ltd shows a mixed picture. Current assets increased by 29% to £3,200,000, while net assets grew by 69% to £980,000. Cash reserves saw a significant jump, increasing by 700% to £330,000. However, bank borrowings decreased by 39%, and creditors decreased by 6.9%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. Depreciation for plant machinery increased by 22%, which may indicate investment in new equipment. The company’s auditor is James & Uzzell Ltd. It seems like they are in a healthy position, but the increase in depreciation suggests they are investing in their business.

Registered in England/Wales under the registration number 01560517, with a registered address at SA6 8QD, Swansea, West Glamorgan, Camffrwd Way, Enterprise Park, Morriston.

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