Braefield Engineering Ltd

Braefield Engineering Ltd, based in Great Dunmow, UK, is a small, holding company with an active status, having operated for 58 years. The company employs ten people and holds £317,068 in assets, with a real address and two directors overseeing operations. It boasts a stellar 5.0 Google rating from two reviews, although it’s an irregular importer, with its last iron or steel product import dating back to 2016.

The company’s website is not available, making it difficult to ascertain its specific online presence and sales channels. However, it’s described as operating in the “other manufacturing n.e.c.” industries, suggesting a broad range of engineering services. It’s likely a B2B operation, providing components or services to larger manufacturers rather than directly selling to consumers.

Financially, Braefield Engineering Ltd presents a mixed picture. While net assets increased by 18% to £200,000, cash reserves were down 2.2% to £320,000. Trade debtors decreased by a significant 46%, which is a positive sign of improved cash flow management. However, creditors also fell by 19%, which could be due to a reduction in supplier credit. Finished goods increased by a substantial 100%, suggesting a build-up of inventory, which might indicate slowing sales or production delays. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The company’s financials suggest it’s not burning through money at a startup pace, but it’s also not experiencing explosive growth. The build-up of finished goods warrants further investigation, as it could signal challenges in converting inventory into sales. The company's long history and stable management team—Steward John Francis and Steward Helena Majeska—suggest a degree of resilience, but the lack of detailed financial information makes it difficult to draw definitive conclusions.

Registered in England/Wales under the registration number 00897895, with a registered address at CM6 1HD, England, Great Dunmow, Essex, Unit 6 Chelmsford Road Industrial Estate.

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