Brunswick Ironworks Limited

Brunswick Ironworks Ltd, based in Caernarfon, UK, is a small, active company established 18 years ago. Employing six people and holding £96,065 in assets, it’s a family-run business with three directors and one owner, Williams Meurig Wyn. The company operates from a real address at Unit W2, Peblig Mill, Llanbeblig Road, and is a irregular importer, primarily dealing in stone, plaster, and cement products, with the last import occurring in December 2023. Its website showcases a long-standing tradition – over 100 years – of steel fabrication services, ranging from bespoke gates and railings to structural beams and water tanks. The company also offers a steel supply service and prides itself on ISO 90012000 accreditation.

The business’s core activity involves steel fabrication for commercial and industrial clients, with a focus on custom designs and high-quality workmanship. The website highlights a comprehensive design service and emphasizes reliability and competitive pricing. It’s clear they’re aiming to provide a one-stop shop for steelwork needs, combining fabrication and supply.

Financially, Brunswick Ironworks Ltd presents a mixed picture. Current assets have decreased by 19% to £96,000, while net assets have fallen by a significant 87% to -£50,000. Bank borrowings have increased, and cash reserves have plummeted 99%, leaving just £260. Creditors have remained relatively stable, but the sharp decline in equity is concerning. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the substantial losses suggest financial pressures. The lack of an auditor, typical for a small company, means these are unaudited figures.

The company’s financial data suggests it’s burning through money, although the exact reasons aren’t clear. It's possible the business is reinvesting in equipment or facing increased material costs, but the steep decline in cash reserves warrants close attention. It's also worth noting that the company's long history and established reputation in the steel fabrication industry could provide a buffer against these challenges.

Registered in England/Wales under the registration number 05903594, with a registered address at LL55 2SE, Wales, Caernarfon, Gwynedd, Unit W2 Peblig Mill, Llanbeblig Road.

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