Guhring Limited

Guhring Limited from Birmingham, UK, is a large, active company founded 51 years ago in 1973. Employing 91 people, it holds £9,730,621 in assets and generates £19,787,816 in yearly revenue. With a real address and four directors, it’s a well-established operation, boasting a perfect 5.0 Google rating based on 17 reviews. The company regularly imports and exports basic metal tools and utensils—a testament to its long-standing presence in the industry.

The company's website reveals a focus on engineering cutting tools, offering a wide range of products from drills to reamers and toolholders. It’s not an e-commerce site, but rather a catalog showcasing its offerings and directing customers to contact them for availability and purchases. The site highlights services like regrinding, recoating, and special tool manufacture—demonstrating a commitment to providing comprehensive solutions for tooling needs. Recent news updates showcase Guhring's continued innovation, including new drill series and partnerships with aerospace companies.

Financially, Guhring Limited shows a mixed picture. While turnover increased by 18%, to £20 million, net assets remained steady at £10 million. Bank borrowings increased by 30%, reaching £270,000, and cash reserves decreased by 23%, falling to £330,000. Creditors also increased by 21%, reaching £420,000. The company’s large size (meeting two of three criteria for being a large company) suggests a stable business, but the increase in debt and decrease in cash reserves could indicate tighter margins. The company's accounts are audited by Prime, and the financial statements give a true and fair view of the state of affairs.

Overall, Guhring Limited appears to be a robust, well-established player in the tooling industry. The company’s long history, strong reputation, and comprehensive service offerings position it well for continued success, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 01114577, with a registered address at B6 6BQ, England, Birmingham, West Midlands, Guhring Limited Estone Drive, Aston.

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