Egginton Forgings Ltd

Egginton Bros Ltd is a small, active company with a long history, having been founded 70 years ago in 1955. Based in Sheffield, UK, the firm employs 27 people and holds £504,051 in assets. It’s a family-run business with three directors and two owners, operating from a real address. The company regularly imports and exports basic metal tools and utensils – 18 months of import activity and a substantial 204 months of export activity, with the most recent export in November 2024.

The company’s website is unavailable, so it's difficult to determine the full extent of their operations beyond the import/export activity. It’s likely they supply metalworking industries, given the nature of their products.

Financially, Egginton Bros Ltd shows some concerning trends. Current assets have fallen by 18% to £500,000, and net assets have declined by 25% to £510,000. Bank borrowings have increased by 46%, reaching £92,000, while cash reserves have dropped significantly by 77%, leaving just £970. Creditors have also increased, rising by 40% to £480,000. The company’s size (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, so the figures are unaudited. The decrease in cash reserves, alongside the increase in creditors, suggests the company may be facing some financial pressures, though it’s possible this is a temporary fluctuation. The company's long history and established export market could provide a buffer against these challenges, but careful management will be needed.

Registered in England/Wales under the registration number 00548464, with a registered address at S3 7AW, 25-31 Allen Street, Sheffield 3.

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