Frank Armitt & Son Limited

Frank Armitt & Son Limited, based in Runcorn, UK, is a holding company with an active status, celebrating 62 years in business. The company employs 39 people and holds assets valued at £7,941,682. It has a real registered address and is managed by six directors and one owner, boasting a stellar 5.0 Google rating from four reviews. The company irregularly exports machinery, boilers, and mechanical appliances, with its last export operation taking place just one month ago.

The company operates in freight transport by road, warehousing, rail freight terminals, and cargo handling—a diverse range of activities. It also owns Advanced Emission Solutions Limited, demonstrating a broader business strategy. While no website was provided, this suggests a B2B focus rather than direct consumer sales.

Financially, Frank Armitt & Son Limited shows a mixed picture. Current assets decreased by 4%, reaching £7,900,000, while net assets increased by 99%, reaching £4,600,000. Bank borrowings have completely disappeared, a positive sign, and cash reserves have increased by 2.4%, reaching £5,000,000. Creditors have decreased by 30%, indicating improved debt management. However, trade debtors have fallen by 15%, which might suggest slower customer payments. The company’s size, as a holding company, means its assets are likely tied up in its subsidiaries. The company is audited by Haines Watts Liverpool Limited.

Overall, Frank Armitt & Son Limited appears to be financially stable, with a strong asset base and positive cash flow. The decrease in debtors may be a cause for monitoring, but the company’s long history and diverse operations suggest a resilient business model.

Registered in England/Wales under the registration number 00745573, with a registered address at WA7 4EZ, Runcorn, Cheshire, 26-30 South Road, Weston Point.

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