Asquith Butler Limited

Asquith Butler Ltd from Sutton Coldfield UK: small company, active status, founded 21 years ago, 7 employees, £681,275 assets, real address, 2 directors, 5 owner, solo founder. Regular importer of machinery, boilers, and mechanical appliances; parts (3 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (40 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the manufacture of other machine tools industries.

The company’s website, asquithbutler.com, reveals a heritage stretching back to 1865, positioning it as a guardian of world-renowned Asquith and Butler machine brands. While it’s clear that the company manufactures machine tools, its current focus appears to be on sales of spares, servicing, geometric calibration, refurbishment, and retrofit of Asquith Butler machines. The site also highlights the company’s expertise in piano restoration, hinting at a diversification beyond its core machinery business. The website also mentions a showroom in Harrods, London.

Financially, Asquith Butler Ltd shows some interesting trends. Cash bank on hand dropped significantly by 52%, decreasing to £110,000. Creditors increased by 37%, reaching £180,000, while debtors surged by a remarkable 130%, reaching £470,000. This could indicate a period of rapid growth and increased sales, but it also raises questions about cash flow management. The company’s net assets increased by 16%, reaching £520,000, and the company’s equity increased by 16%, reaching £520,000. The company's property, plant, and equipment gross cost decreased by 9.7%. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Asquith Butler Ltd seems to be a stable, albeit small, business. The company’s focus on service and refurbishment, combined with its long history and reputation for quality, suggests a resilient business model. However, the increased debt and fluctuating cash reserves warrant careful monitoring.

Registered in England/Wales under the registration number 04897543, with a registered address at B75 5SA, Sutton Coldfield, West Midlands, London Road, Bassetts Pole.

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