Fpw Axles Limited

FPW Axles Limited, based on the Huncoat Industrial Estate in the UK, is a small, holding company with an active status. Established 42 years ago in 1982, the company employs 33 people and holds assets worth £1,317,080. It’s a real address, managed by five directors and one owner, and enjoys a perfect 5.0 Google rating based on two reviews. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 100 months of import activity and 151 months of export activity recorded.

FPW Axles Limited operates as a manufacturer specializing in bespoke axle design and production. Its website highlights a focus on providing solutions and components for the special purpose vehicle automotive sector. The company aims to provide axles and components of the future, focusing on environmental and financial savings through innovative solutions. They design, engineer, and manufacture technologies to create smarter, lighter, safer, environmentally friendlier, and more efficient vehicles. The company’s website also showcases a focus on high-end piano restoration, a venture that operates from Cambridge and even has a showroom in Harrods.

Financially, FPW Axles Limited presents a mixed picture. Current assets decreased by 3.1% to £1,300,000, while net assets increased by 2.6% to £1,300,000. Bank borrowings decreased by 63% to £53,000, and cash reserves increased by 5900% to £17,000. Trade debtors decreased by 22%, suggesting better payment collection. Creditors decreased by 11%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in bank borrowings could be a sign of reduced investment. With no auditor mentioned, the financial data relies on unaudited statements.

Overall, FPW Axles Limited seems to be holding its own, with a focus on bespoke engineering and a strong reputation. The piano restoration division adds a layer of prestige, but it remains to be seen if it contributes significantly to the company’s bottom line.

Registered in England/Wales under the registration number 01657509, with a registered address at BB5 6NN, Huncoat Industrial Estate, Accrington Lancashire, Unit D4, Enfield Road.

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