Bradnam Joinery Limited

Bradnam Joinery Ltd from Cambridge UK: a large company, active status, founded 27 years ago, 83 employees, £3,163,870 assets, yearly revenue: £9,932,990, real address, 4 directors, 2 owners, family business, google rating 5.0 based on 4 reviews. Regular importer of wood and wood products (13 months imported). Regular exporter of wood and wood products (3 months exported). It’s a well-established manufacturer specializing in coffins and caskets, operating for over a century. The company prides itself on handcrafted products and customer service, tailoring every aspect of its service from high-quality coffins to prompt deliveries. It welcomes change and modernisation, driven to discover what more it can do for its customers.

The company's website showcases a dual business model. While its core operation focuses on manufacturing and selling coffins, it also operates a separate division dedicated to piano restoration. This division, based in Cambridge, even boasts a showroom in Harrods, London, and specializes in museum-grade restorations and disaster recovery for damaged pianos. The website highlights the company's commitment to British craftsmanship and family ownership.

Financially, Bradnam Joinery Ltd appears to be in a mixed state. While turnover increased by 9.9% to £9.9 million, net assets decreased by 27% to £3.2 million. Bank borrowings increased by 100% to £680,000, and cash reserves fell by 40% to £1.2 million. Creditors decreased by 10%, suggesting better debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million, balance sheet total more than £18 million, and employees more than 250. The company’s accounts were audited by Price Bailey LLP.

The decrease in cash reserves and increase in bank borrowings, despite increased turnover, suggests Bradnam Joinery Ltd may be reinvesting heavily in its operations or facing increased costs. The company’s dual business model, while offering diversification, could also be adding complexity and potentially straining resources. It's possible the company is expanding its piano restoration business, which requires significant investment.

Registered in England/Wales under the registration number 03486406, with a registered address at CB4 0WZ, Cambridge, Cambridgeshrie, Tennyson House, Cambridge Business Park.

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