Double R Engraving Ltd

Double R Engraving Ltd, based in Harrow, UK, is a small, active company established 16 years ago. With 13 employees and £380,085 in assets, it operates from a virtual address, a detail that's a bit unusual as forty-nine companies are registered at the same location. The company is run by three directors and three owners, and currently boasts a perfect 5.0 Google rating from a single review. Double R Engraving specializes in the manufacturing and design of high-quality rotary precision cutting dies and tooling, serving both UK and international markets.

The company's website highlights its expertise in rotary tooling, including air eject tools, CNC turning, and vacuum dies, catering to industries like food and beverage, healthcare, and engineering. They manufacture a range of products, from tea bag cutters to gears, and offer resharpening and repair services. It's clear that Double R Engraving is a specialist manufacturer, not an e-commerce business.

Financially, Double R Engraving shows a mixed picture. While cash reserves increased by a healthy 32%, reaching £210,000, net assets only increased by 12%, settling at £350,000. Bank borrowings decreased significantly, falling by 66% to £3,600, which is a positive sign. However, trade debtors increased by a substantial 150%, reaching £29,000, suggesting potential issues with customer payments. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in debtors warrants attention. No auditor is mentioned, which is common for small companies. The company's focus on precision engineering and rotary tooling suggests a B2B model, rather than direct consumer sales.

Registered in England/Wales under the registration number 06818115, with a registered address at HA1 2EY, Harrow, Middlesex, 7 St John's Road.

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