Bromford Precision Solutions Limited

Bromford Precision Solutions Ltd, based in Leicester, UK, is a sizable company with an active status, operating as a holding company. Founded just two years ago in September 2022, it employs 78 people and holds assets worth £6,019,709. The company reported a yearly revenue of £8,527,862 and is managed by seven directors and two owners. Its Google rating stands at a respectable 4.0 based on 12 reviews.

The company specializes in importing machinery, boilers, and mechanical appliances, parts, regularly doing so for the last eight months. It also exports these items, though less frequently, with just two months of export activity recorded. Its website highlights its expertise as a precision manufacturer for the aerospace and power generation markets, crafting high-precision components and offering a range of services, including milling and multi-axis machining. Bromford Group, as it's also known, has been in operation since 1988, and its 23,000 square foot facility in Leicestershire serves as a centre of excellence.

Financially, Bromford Precision Solutions Ltd shows a mixed picture. While assets remain substantial, accrued liabilities and deferred income have stayed consistent. However, cash and cash equivalents have seen a significant jump, rising from £1 to £790,000 – a remarkable increase. Bank borrowings also remain substantial at £1.8 million. The company’s size—meeting two of three criteria for a large company—suggests it’s operating at a significant scale. The unaudited financial statements, prepared using Caseware UK (AP4) 2023.0.135, don’t mention an auditor. The company’s net assets are reported as £30,000, which is a little low given the revenue. It's likely the company is burning through cash, or perhaps has a lot of outstanding debts.

Registered in England/Wales under the registration number 14332641, with a registered address at LE3 1UQ, United Kingdom, Leicester, 129 Scudamore Road, Braunstone Frith Industrial Estate.

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