Gwf Engineering Limited

Gwf Engineering Ltd from North Lincolnshire UK is a small holding company with an active status, having been founded 23 years ago in 2001. The company employs 34 people and holds assets valued at £1,375,034. It has a real address, is managed by three directors, and is owned by one individual. Google users have given it a perfect 5.0 rating based on six reviews. Regular importing of iron or steel products is a key part of its operations, with the latest import occurring just three months ago.

The company specializes in fabrication, machining, and pressure vessel manufacture, offering services to a range of industries. Its website details facilities, services, and a portfolio of past projects, including a recent autoclave project. News updates highlight certifications and achievements, demonstrating a commitment to quality and innovation. The website also includes contact information and a privacy notice.

Financially, Gwf Engineering Ltd's performance shows some mixed signals. While current assets increased by 22% to £1,400,000, net assets remained steady at £730,000. Bank borrowings decreased by 17% to £100,000, and cash reserves increased by a significant 310% to £260,000. Trade debtors decreased by 21%, which is a positive sign, but creditors increased by 58% to £960,000. The company's small size (meeting two of three conditions for being classified as small) allows for flexibility, but the increase in creditors warrants further investigation. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Gwf Engineering Ltd appears to be a stable, well-regarded engineering firm, but the rising creditor levels suggest it may be stretching its resources.

Registered in England/Wales under the registration number 04239645, with a registered address at DN16 1BD, North Lincolnshire, Woodhouse Road, Scunthorpe.

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