Ashfield Springs Limited

Ashfield Springs Ltd, based in Huthwaite, UK, is a small, holding company with an active status, celebrating 42 years in business. The company employs 20 people and holds assets worth £807,245. It’s managed by three directors and owned by two individuals, and boasts a real registered address. Ashfield Springs regularly imports stone, plaster, cement, and similar materials, with the latest import occurring in October 2024, and exports iron or steel products, having done so for 33 months, with the most recent export in February 2025.

The company’s website describes Ashfield Springs as the UK's leading manufacturer and supplier of compression, extension, and torsion springs. They cater to original equipment manufacturers across Europe, the US, India, and China, emphasizing investment in technology and a commitment to quality. Their website also highlights their ability to deliver custom springs and their expertise in fluid power, alongside a range of machinery and equipment. The company’s website even mentions a reputation for excellence and a 90% customer satisfaction rate.

Financially, Ashfield Springs Ltd shows a mixed picture. While current assets increased slightly to £810,000, net assets decreased by 8.3% to £540,000. Bank borrowings decreased slightly, and cash reserves fell by 28% to £36,000. Creditors increased significantly, by 35%, reaching £360,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in creditors, however, suggests a need to manage debt more closely. No auditor is mentioned, which is likely due to the company’s small size and exemption from an audit.

Overall, Ashfield Springs Ltd appears to be a stable, albeit small, business navigating typical financial fluctuations. The company’s focus on quality and customer service, combined with its established reputation, suggests a solid foundation for continued success.

Registered in England/Wales under the registration number 01676606, with a registered address at NG17 2PD, Huthwaite, Notts, Nunn Brook Rise, County Industrial Estate.

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