Freshfield Microwave Systems Limited

Freshfield Microwave Systems Ltd from Hockley UK is a small, holding company with an active status. Founded 25 years ago in 2000, the company employs nine people and holds assets valued at £10,136,874. It has a real address and is overseen by one director and one owner, boasting a perfect 5.0 Google rating from two reviews. The company regularly imports electrical machinery and equipment, with 34 months of import activity recorded, the latest in November 2024.

The company operates in the manufacture of communication equipment, a niche industry. While a website isn't available, this suggests a business-to-business model, likely supplying components or specialized equipment rather than selling directly to consumers. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Freshfield Microwave Systems Ltd appears relatively stable. Current assets increased by 7.7% to £10 million, while net assets rose 9.1% to £9.7 million. Cash reserves saw a healthy 36% increase to £1.9 million. Trade debtors decreased by 17% to £720,000, suggesting improved collection practices. However, creditors increased by 15% to £490,000, and bank borrowings surged by 6.7% to £6.4 million. The company’s bank balance is quite healthy, but the increase in debt should be monitored. The accounts are unaudited, but the company has been audited by Barrons Limited.

The company’s consistent import activity and a focus on a specialized manufacturing sector point to a steady, if not spectacular, performance. The increase in debt may be a result of investment in new equipment or expansion, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 03862378, with a registered address at SS5 4SX, Hockley, Essex, 28 High Road.

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