Faulkner Moulds Limited

Faulkner Moulds Ltd from Elland UK: a small, family-run business, is active and has been around for 22 years. With nine employees and £149,856 in assets, it’s a modest operation with a real address and two directors and owners. It boasts a stellar 5.0 Google rating based on just two reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import operation occurring two months ago in March 2022.

Faulkner Moulds Ltd operates as a toolmaker, specializing in plastic injection mould toolmaking. The company proudly proclaims to be a "Toolmaker of the Year" and offers bespoke tool design and product development services. It emphasizes its technological capabilities, including 5-axis machining, ISO9001 certification, and state-of-the-art software and machinery. The website highlights its capacity for high-production tools and its commitment to continual investment in technology. It's clear the company is focused on precision and quality.

Financially, Faulkner Moulds Ltd shows a mixed picture. Current assets have increased slightly to £150,000, but bank borrowings have risen to £80,000, a notable increase. Cash reserves have decreased to £8,500, which is a bit concerning. Creditors have also increased to £420,000, which could indicate an increase in short-term debt. Equity, however, has seen a significant drop, falling to £210,000. The company meets the criteria to be considered small, with turnover under £10.2 million and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Faulkner Moulds Ltd appears to be a well-regarded toolmaker facing some financial pressures. The company’s family ownership and focus on quality suggest a strong foundation, but the decline in equity and increase in debt warrant close attention.

Registered in England/Wales under the registration number 04658167, with a registered address at HX5 9AS, England, Elland, West Yorkshire, Units 8-9, Wellington Mills, Quebec Street.

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