Nasmyth Coventry Limited

Nasmyth Coventry Ltd, based in Coventry, UK, is a large, active company founded 17 years ago. Employing 95 people, it holds £8.448 million in assets and generates £8.653 million in revenue annually. It’s a holding company with four directors and two owners, maintaining a Google rating of 4.0 based on eight reviews. The company regularly imports machinery, boilers, and mechanical appliances, and exports electrical machinery and equipment.

The company operates as a global supplier of precision engineering solutions and metal treatments, offering full flexibility and versatility in defense products. It pushes the boundaries of technology, striving for efficiency and innovation. Nasmyth Coventry Ltd operates across four main groups, offering a range of integrated solutions. Its website highlights complex machining, fabrication, welding, and system integration capabilities, catering to markets including aerospace, energy, medical, security, and defense.

Financially, Nasmyth Coventry Ltd presents a mixed picture. While current assets increased by 55%, reaching £8.4 million, equity plummeted 130%, ending at £2.8 million. Bank borrowings rose 14%, hitting £1.8 million, and cash reserves decreased by 48%, falling to £300,000. Creditors increased significantly by 69%, reaching £1.6 million, suggesting a need to manage short-term liabilities. Despite these challenges, the company's turnover decreased by 33%, dropping to £8.7 million, indicating potential market pressures. The company's audit firm is PKF Smith Cooper Audit Limited.

The company's large size (meeting two of three conditions for being large) and its focus on precision engineering suggest a solid foundation, but the significant equity decline and increased debt warrant closer monitoring. The company's ability to maintain its global reach and adapt to changing market conditions will be crucial for its future success.

Registered in England/Wales under the registration number 06434298, with a registered address at CV7 9FT, Coventry, Nasmyth House Coventry Road, Exhall.

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