Moorfield Industries Limited

Moorfield Industries Limited, based in Derbyshire, UK, is a small, active company established 34 years ago. With three employees and £737,420 in assets, it's a long-standing family-owned manufacturer. Two directors and one owner, who is also the solo founder, lead the business, which has a real registered address. Moorfield Industries regularly imports miscellaneous manufactured goods (22 months) and exports rubber and rubber products (27 months).

Located in the High Peak, the company benefits from a skilled workforce from the local community. Moorfield Industries is committed to sourcing products and services from the surrounding areas whenever possible. The company’s website highlights its expertise in manufacturing, with a focus on quality and customer service. It also mentions ISO 9001 certification, indicating a commitment to quality management.

Financially, Moorfield Industries shows some concerning trends. Property, plant, and equipment have depreciated, with a 20% increase in depreciation for Land and Buildings, and a 9.2% decrease in Other Property Plant Equipment. Cash bank on hand decreased by 6.5% to £72,000. Creditors have risen by 8%, reaching £490,000, while trade debtors have increased by 12% to £400,000. Equity has remained steady at £1.1 million, and net assets have also remained steady. 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 stay agile, but the increase in creditors and decrease in cash reserves suggests potential financial pressure. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Moorfield Industries appears to be a stable, long-standing business facing the typical challenges of a small manufacturer. The company's commitment to local sourcing and quality, combined with its established workforce, should position it well for the future, though careful management of cash flow will be essential.

Registered in England/Wales under the registration number 02538281, with a registered address at SK13 6LA, Derbyshire, Dover Mill, Chunal Lane, Glossop.

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