Bywell Ltd

Bywell Springs Fabrications, based in Tipton, UK, is a small, family-owned business with an active status. Founded seven years ago in 2017, the company employs just one person and operates from a registered address that’s likely virtual, sharing space with 713 other companies. It’s led by a single director and has two owners, with a focus on manufacturing springs and sheet metal fabrications. The company is a irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on March 01, 2024.

The company’s website showcases a wide range of services, from spring manufacturing and wire forming to sheet metal fabrications. It specializes in producing longer springs—up to 30 meters—for industries like hydraulic, medical, and construction. Products include anti-kink springs, flat guards, and hose armouring springs, all made to customer specifications. The site also highlights its expertise in restoring pianos, with a showroom even located in Harrods. It’s a busy site, with a clear focus on customer service and a blog offering safety advice.

Financially, Bywell Springs Fabrications presents a mixed picture. Cash reserves declined by 28% to £7,800, while creditors remained steady at £200,000. Equity, however, dropped slightly to -£190,000. Net current assets liabilities also decreased by 1.6% to -£190,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it stay flexible, but the decline in cash reserves raises some questions. The company's accounts are unaudited, and no auditor is mentioned.

The company’s focus on custom manufacturing and niche products like long springs suggests a strategy of specialization, but the financial data indicates a need to carefully manage cash flow. It's a company that’s clearly working hard, but it’s important to monitor its financial health in the coming months.

Registered in England/Wales under the registration number 10932349, with a registered address at W1T 3BL, England, London, 27 Mortimer Street.

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