Entwistle & Joynt Limited

Entwistle & Joynt Limited, a Lancashire-based company, has been a fixture in the UK business landscape for 54 years. Designated a large company, holding company, and currently active, the firm boasts 31 employees and holds assets valued at £3,404,610. With an annual revenue of £11,968,744, it’s a significant player in its sector, operating an e-commerce site and regularly exporting machinery, boilers, and mechanical appliances. The company has a 4.0 rating on Google based on three reviews.

The firm is involved in non-specialised wholesale trade industries, and its registered address is in Wigan. It’s managed by three directors, including Elizabeth Ann Bilton, Iain Paul Entwistle, and David James Entwistle, and owned by Entwistle And Joynt Holdings Ltd.

A review of the company’s financial data reveals some interesting trends. Accrued liabilities and deferred income have decreased significantly, dropping 62%, while bank borrowings have surged by 220%, reaching £410,000. Cash bank on hand has also declined by 40%, sitting at £290,000. While turnover has increased by a healthy 29%, net assets have fallen by 37%, indicating a potential need to manage debt or improve profitability. It’s worth noting that the company’s net loss has also decreased by 75%, which is a positive sign.

The company’s financial statements are audited by Fairhurst, and the report shows a consistent focus on maintaining a strong presence in the wholesale trade sector. The increase in bank borrowings could be a strategy to fund expansion or manage working capital, while the decrease in cash reserves suggests a tighter focus on reinvesting profits back into the business. The company's strategic report mentions a consistent focus on maintaining a strong presence in the wholesale trade sector.

Registered in England/Wales under the registration number 01001233, with a registered address at WN1 3AT, Lancashire, 62 Darlington Street East, Wigan.

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