Friedheim International Limited

Friedheim International Ltd from Hemel Hempstead UK: a small, holding company with an active status, has been around for an impressive 112 years, founded way back in 1913. Employing 37 people, the company holds assets worth £3,357,356 and operates from a real address, overseen by four directors and one owner. It's a regular importer and exporter, bringing in machinery, boilers, and mechanical appliances—parts for 706 months—and sending them out for 61 months.

The company's website reveals a business with a long history and diverse operations. While primarily a wholesale supplier of machinery and equipment, Friedheim International also boasts a strong presence in the precision machinery sector. They represent over 30 manufacturers and have a 150-strong service team across the UK, offering comprehensive service packages and expert technical support. A recent partnership with Ironsides Technology and a deal with Heripack, the automation and packaging specialist, demonstrate a commitment to innovation and expansion. They even equip universities with state-of-the-art WAB equipment.

Financially, the picture is a little more complex. Current assets have fallen by a significant 42% to £340,000, while net assets have plummeted 44% to £660,000. Bank borrowings have increased, and cash reserves have decreased, suggesting the company is burning through money. Trade debtors have also increased, which could be a sign of delayed payments. However, creditors have decreased, 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) helps it remain flexible, but the decline in equity is a concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 00127303, with a registered address at HP2 7SJ, England, Hemel Hempstead, Hertfordshire, Unit 1 Zodiac Boundary Way, Hemel Hempstead Industrial Estate.

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