A.w.precision Limited

Aw Precision Ltd, based in Rugby, UK, is a large, active company established 54 years ago. With 44 employees and £2,168,392 in assets, it’s a well-established player in its field. The company, which has a virtual address, is led by three directors and owned by a solo founder, Moellering David, and boasts a respectable 4.0 Google rating from 25 reviews.

The company specialises in the manufacture of tools, operating as a British manufacturer and supplier of punch die products, gas springs, and tooling accessories. It serves as a smart hub for a full range of punch die products and partners with global suppliers. Its website highlights its commitment to British manufacturing excellence and offers subcontract manufacturing services.

Financially, Aw Precision Ltd’s recent performance shows some interesting trends. Current assets have increased by 31%, reaching £2,200,000, which is a positive sign. However, net assets have fallen by 46%, settling at £1,800,000, and bank borrowings have increased, reaching £4. It’s worth noting that staff costs have decreased significantly, dropping 66% to 15 employees. Creditors have also risen substantially, increasing by 260%, suggesting a need to manage supplier payments. The company’s auditors, Cottons Accountants LLP, have signed off on the financial statements. The decrease in director remuneration to zero is also notable. It’s possible that the company is investing in new equipment or expanding its operations, which could explain some of these changes.

Registered in England/Wales under the registration number 00991222, with a registered address at CV21 2PD, Rugby, Warwickshire, Chestnut Field House, Chestnut Field.

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