Amfax Limited

Amfax Ltd from Blandford Forum UK: a small, active company founded 38 years ago, employs 68 people, and has a real address. It's overseen by four directors and two owners. The company regularly imports and exports electrical machinery and equipment – 97 months of imports and 5 months of exports recorded. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company operates in the manufacture of electronic measuring, testing equipment, not for industrial process control. Its website is non-existent, making it difficult to assess its e-commerce presence.

Financially, Amfax Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 9.2%, while cash bank on hand saw a remarkable 170% jump to £92,000. However, creditors surged by 19% to £2.2 million, and other taxation payable increased significantly by 190% to £430,000. Trade debtors decreased by 7.7% to £1.2 million, and net assets grew by 17% to £290,000. The increase in creditors and taxation payable, alongside the decrease in trade debtors, suggests the company may be managing its cash flow more tightly. The substantial increase in cash reserves is a positive sign, but the rising liabilities warrant close monitoring. The company’s small size helps it remain nimble, but the increased liabilities could pose a challenge. The lack of an auditor mentioned indicates it’s likely exempt as a small company.

Registered in England/Wales under the registration number 02079750, with a registered address at DT11 7TE, Blandford Forum, Dorset,, Unit 3 Clump Farm Industrial Est, Tin Pot Lane.

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