Farmwood Mechanical & Electrical Services Limited

Farmwood Mechanical & Electrical Services Limited, based in Sittingbourne, UK, is a small, active company established 23 years ago. With 37 employees and £1,129,797 in assets, it’s a well-established player in the local market. The company, boasting a perfect 5.0 Google rating from 17 reviews, operates with five directors and one owner, Wood Dave Anthony. It’s a real address, and the company is regularly importing optical and medical tools and devices—the last import was four months ago.

The company’s website highlights a focus on ventilation systems, offering servicing, support, and equipment sales. It’s clear that Farmwood isn’s just an electrical contractor; it’s a specialist in air quality solutions, working with both domestic and commercial clients. The site showcases testimonials from satisfied customers and even mentions a BESA Contractor of the Year award in 2018—a nice bit of recognition. The site also has a blog, which is a nice touch.

Financially, Farmwood shows some interesting trends. Cash bank on hand increased significantly, up 89% to £470,000, which is a good sign. However, creditors also jumped considerably, increasing 110% to £340,000—suggesting a need to manage debt. Current assets grew by 57% to £1,100,000, which is positive, but trade debtors rose by 39% to £650,000, which could indicate some payment issues. Property plant equipment has decreased, but the company is still holding a decent amount of assets. 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 remain flexible, but the rise in creditors warrants a closer look. There’s no auditor mentioned, which is common for small companies.

Registered in England/Wales under the registration number 04355696, with a registered address at ME10 3TB, England, Sittingbourne, Kent, A4 St Georges Business Park, Castle Road.

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