Arfon Rewinds Limited

Arfon Rewinds Ltd, based in Gwynedd, UK, is a small holding company with an active status, celebrating 25 years since its founding. Employing 37 people and holding assets of £2,659,166, the company operates from a real address and is overseen by three directors and one owner. It boasts a respectable Google rating of 4.0 based on five reviews and is a regular importer of electrical machinery and equipment, with 35 months of import activity recorded.

The company’s core business revolves around the repair of electrical equipment, catering to industrial sectors. While no website is available to analyze, this focus suggests a B2B model rather than direct-to-consumer e-commerce.

Financially, Arfon Rewinds Ltd presents a mixed picture. Current assets have increased by a significant 48%, reaching £2.7 million, while net assets have grown by 70%, reaching £520,000. However, bank borrowings have increased by 2.5%, and corporation tax payable has risen by 74%. Cash reserves have seen a dramatic increase of 1100%, reaching £880,000—a positive sign. Trade debtors have also increased by 31%, suggesting potentially delayed customer payments. Creditors have increased by 45%, which may be linked to the increase in trade debtors. The company meets the criteria to be considered a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size.

The substantial increase in cash reserves is a particularly noteworthy trend, potentially indicating successful cost management or increased profitability. However, the rise in corporation tax payable suggests that the company’s tax burden has also increased. The company's financial position seems stable, although the increase in creditors should be monitored.

Registered in England/Wales under the registration number 03906480, with a registered address at LL55 2BD, Gwynedd, 1c Cibyn Industrial Estate, Caernarvon.

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