Jw Froehlich Uk Limited

Jw Froehlich Uk Ltd, based in Laindon, UK, is a large, active company founded 49 years ago, back in May 1975. With 63 employees and £16,325,536 in assets, it's a significant player in its field. The company, boasting a perfect 5.0 Google rating from 15 reviews, has six directors and one owner, who is also the solo founder. It’s a real address, with only one other company registered at the same location.

The company’s website reveals it's a manufacturer of machinery for the automotive industry, specializing in the design, development, and manufacture of machinery. They also offer piano restoration services, a surprising and high-end addition to their portfolio. They have showrooms in London and Cambridge, and they even offer disaster recovery for damaged pianos. It's clear they pride themselves on British craftsmanship and museum-grade restorations.

Financially, Jw Froehlich Uk Ltd shows a mixed picture. While turnover increased by 100%, net assets decreased by 67%, dropping to £2 million. Bank borrowings increased by 600%, reaching £11 million, and cash reserves fell 38% to £330,000. Creditors also increased significantly, by 180%, reaching £3.1 million. The company meets two of three conditions to be considered large, indicating a substantial operation. The company’s auditor is Rickard Luckin Limited. The decrease in net assets, despite increased turnover, suggests potential challenges in converting sales into profit. The company's focus on high-end piano restoration, while prestigious, may require significant investment and specialized expertise.

Registered in England/Wales under the registration number 01212505, with a registered address at SS15 6TU, Laindon, Essex, Sable Way, Southfields Business Park.

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