Frost Electroplating Limited

Frost Electroplating Ltd, based in Birmingham, UK, is a small, family-run business with an active status. Established 25 years ago in January 2000, the company employs 38 people and holds assets worth £1,523,079. With a yearly revenue of £4,527,052, it’s a significant player in its sector. Seven directors and two owners manage the operations, with the business operating from a real address.

The company specializes in electroplating, operating within the "other manufacturing n.e.c." industries. It regularly imports electrical machinery and equipment – five months of import activity were recorded, with the most recent in August 2024. It also exports machinery, boilers, and mechanical appliances, although less frequently, with just one month of export activity noted in September 2024.

Financially, Frost Electroplating Ltd presents a mixed picture. Current assets have increased by 24% to £1,500,000, while net assets have risen by 10% to £2,500,000. Bank borrowings have decreased by 19% to £180,000, and cash reserves have fallen by 27% to £19,000. Creditors have increased by 27% to £760,000, suggesting a need to manage debt. The company’s size – meeting two of three criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for flexibility. The lack of an auditor mentioned likely means unaudited financial statements.

Despite the positive revenue growth, the decrease in cash reserves and increase in creditors warrants attention. It’s possible that increased investment in plant and machinery, evidenced by a 2.1% increase in that asset category, is contributing to these trends. The company’s long-standing presence and family ownership suggest a stable foundation, but careful financial management will be crucial for continued success.

Registered in England/Wales under the registration number 03916194, with a registered address at B38 8SE, Birmingham, Catesby Park Catesby Park, Kings Norton.

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