N & R Manufacturing Limited

N & R Manufacturing Limited, based in Tamworth, UK, is a small, active company established 32 years ago. With 38 employees and £1,188,796 in assets, it's a well-established player in its sector. The business, led by one director and owner, maintains a real address and boasts a respectable 4.0 Google rating from 13 reviews. Regular imports of wood and wood products, totaling six months of activity, demonstrate a reliance on external supply chains, with the last import operation occurring in June 2024.

The company’s website paints a picture of a family-owned business specializing in wooden pallet solutions. N & R Manufacturing offers building, shipping, and sustaining services, emphasizing precision and innovation. They cater to both businesses and individuals, providing a range of timber products at competitive prices. The site highlights over 30 years of experience, a commitment to quality, and a focus on customer satisfaction. They even offer bespoke solutions, encouraging customers to contact them for any requirements.

Financially, N & R Manufacturing Limited presents a mixed picture. While cash reserves have increased significantly by 240%, jumping to £450,000, there's a noticeable decrease in bank borrowings, dropping 81% to £5,700. However, trade debtors have increased by 89%, suggesting potential issues with customer payments. Net assets have risen by 14%, reaching £220,000, and the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s assets have increased by 19%, to £1,200,000, and creditors have decreased by 38%. There is no auditor mentioned, likely due to its small size.

Overall, N & R Manufacturing Limited seems to be navigating a period of change, with positive trends in cash flow offset by challenges in managing customer payments. The company’s long history and commitment to quality suggest a resilient business, but close monitoring of its financial health will be important going forward.

Registered in England/Wales under the registration number 02768320, with a registered address at B79 7TA, Tamworth, West Midlands, Armstrong, Lichfield Rd Ind Est.

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