Iron-mills Ltd

Iron-Mills Ltd from Cheltenham UK: a small, active company founded four years ago, holds £39,408 in assets, and operates from a real address. It's a solo founder venture, managed by a single director and owner, Guy Francis Beardsley. The company primarily imports iron and steel, though activity has been irregular, with the latest import occurring in November 2024. It operates in the retail sale via stalls and markets of other goods, the retail sale via mail order houses or via internet industries.

The company’s website, IronMills, showcases a range of cast iron salt and pepper mills, emphasizing British craftsmanship and quality. It highlights the mills' precision grinding mechanisms and offers a variety of colours and styles. The site also features a blog with recipes and cooking inspiration, suggesting a focus on engaging customers beyond just product sales. Interestingly, the website also features a section on "1066 Pianos," revealing a separate venture involved in high-end piano restoration—a surprising diversification from the core salt and pepper mill business.

Financially, Iron-Mills Ltd presents a mixed picture. Accumulated depreciation on plant and machinery has increased by 47%, and property plant equipment has grown by 86%, suggesting investment in equipment. However, cash bank on hand has increased by 140% to £29,000, which is a positive sign. Creditors have increased by 130% to £46,000, and bank borrowings have decreased by 70% to £250. Net assets have increased by 120% to £6,200, and retained earnings have also increased by 120%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors could indicate a need for careful cash flow management. As a small company, the accounts are unaudited and rely on director-reported data.

Registered in England/Wales under the registration number 12805268, with a registered address at GL51 9QB, England, Cheltenham, 25 Drayton Close, Swindon Village.

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