G.r.wright & Sons Limited

Wright’s Milling Limited, based in Harlow, UK, is a holding company with an active status, established 111 years ago in 1913. The company employs four people and holds assets valued at £30,297,292. It operates from a real address and is overseen by six directors and four owners, representing a family business with a 4.0 Google rating based on 38 reviews. Wright’s Milling regularly imports soaps, cleaning products, and waxes (for nine months), and exports cereal and milk-based food products (for twenty-four months).

The company’s website highlights its rich 156-year legacy, emphasizing a passion for excellence and innovation. A significant investment in a state-of-the-art milling facility underscores its commitment to quality and secures the future of the family-owned business. The website also showcases a separate division, Wright's Flour, which operates from Cambridge and even has a showroom in Harrods, London, specializing in high-end piano restoration.

Financially, Wright’s Milling Limited demonstrates a mixed picture. While cash bank on hand increased by a substantial 170%, reaching £11 million, net assets grew by 17%, to £63 million. However, net losses deepened considerably, from £360,000 to £8.7 million. Bank borrowings remained relatively stable, but deferred tax liabilities increased by 18%. Trade debtors decreased by 7%, suggesting improved collection efforts. The lack of an auditor mentioned likely reflects the company’s exemption as a small entity, meaning the figures are unaudited.

Overall, Wright’s Milling Limited appears to be navigating a period of significant change and investment, with both challenges and opportunities evident in its financial performance. The dual focus on milling and piano restoration presents a unique business model, but the company’s ability to sustain growth will depend on its ability to manage costs and capitalize on its strengths.

Registered in England/Wales under the registration number 00129755, with a registered address at CM19 5GH, England, Harlow, Essex, Harlow Mill The Pinnacles, Roydon Road.

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