Longford Group Limited

Longford Group Ltd from Walsall, UK, is a small, active company founded 20 years ago, in 2005. Employing 37 people, it holds assets worth £2,021,829 and operates from a real address. With four directors and one owner, the company is a regular exporter of iron or steel products (9 months exported), but only an irregular importer (1 month imported).

The company's website, Longford Group, showcases its expertise in precision component manufacture, particularly in wireforming, presswork, and related processes. It serves a diverse range of manufacturing organizations across the UK and Europe, offering CNC wire forming, presswork, progression, CO2 and spot welding, and ancillary operations like drilling, tapping, assembly, and testing. The website highlights its ability to provide a full range of finishing and processing options, from zinc and nickel to powder coating and electrophoretic coating. It's a very professional site, well-designed and easy to navigate.

Looking at the financial data, Longford Group Ltd shows some concerning trends. Accumulated Amortisation Impairment Intangible Assets increased by 25%, while Accumulated Depreciation Impairment Property Plant Equipment rose by 4.4%. The number of employees increased by 8.1%, which is a good sign, but Bank Borrowings Overdrafts increased by 22%, and Cash Bank On Hand remained stagnant. Creditors decreased by 3.3%, which is positive, but Net Assets Liabilities increased by 30%, which is a worrying sign. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible, but the decline in equity suggests it’s burning through cash. The company is not audited, so the figures are unaudited.

Overall, Longford Group Ltd appears to be facing financial headwinds. While its manufacturing capabilities and customer base seem solid, the declining equity and increasing debt raise questions about its long-term sustainability. It’s a company with a history and a strong website, but it needs to address its financial challenges to ensure its continued success.

Registered in England/Wales under the registration number 05405613, with a registered address at WS1 2JN, England, Walsall, West Midlands, 2 Selborne Street.

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