Giffard Newton & Sons Limited

Giffard Newton & Sons Limited, based in Swindon, UK, is a small, active company founded 25 years ago. With three employees and £1,384,682 in assets, it’s a modest operation led by a solo founder and overseen by three directors. The company regularly imports and exports footwear and related items – 55 months of import activity and 15 months of export activity recorded, with the most recent import in March 2025 and the last export in March 2024.

The company’s website reveals a fascinating dual business. While officially a manufacturer of technical textiles and footwear, it’s primarily known for its high-end piano restoration services through its 1066 Pianos division. This division, operating from Cambridge, even has a showroom in Harrods, London, specializing in museum-grade restorations and disaster recovery for damaged pianos. The branding ties both ventures together, emphasizing British craftsmanship and family ownership.

Financially, Giffard Newton & Sons Limited presents a mixed picture. Bank borrowings have increased significantly – by 980% to £540,000 – while cash reserves have surged 960% to £90,000. However, net assets have also risen by 59%, reaching £420,000, and trade debtors have increased by a substantial 29%. Depreciation on plant machinery has decreased, and the company’s small size (meeting two of three criteria for a small company) allows for agility. Creditors have also decreased by 11%, suggesting better debt management. No auditor is mentioned, likely due to its status as a small company.

Overall, Giffard Newton & Sons Limited seems to be navigating a period of change. The increased borrowings and rising debtors could indicate expansion or investment, while the strong cash position suggests the company is managing its finances effectively. The dual focus on footwear and high-end pianos presents a unique business model, and its success will depend on balancing the demands of both ventures.

Registered in England/Wales under the registration number 03905983, with a registered address at SN2 8UU, England, Swindon, Unit 4 Birch, Kembrey Park.

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