Nexgen Precision Casting Limited

Nexgen Precision Casting Ltd, based in Birmingham, UK, is a small, active company established 16 years ago. With 10 employees and £951,775 in assets, it operates from a virtual address, a detail worth noting given that 23 companies share the same location. The company is led by three directors and owned by two individuals, with a respectable Google rating of 4.0 based on six reviews. It regularly imports jewelry, precious stones, and metals, with the latest activity recorded in March 2025.

The company's website highlights its role as a jewellery manufacturing specialist, offering a full service from design to large-scale production. It emphasizes experience—over 30 years—and focuses on precious metal casting, aiming to provide affordable finished products. It's clear that Nexgen is targeting businesses needing manufacturing support, rather than direct consumer sales. The website’s design is simple and professional, with contact details prominently displayed.

Financially, Nexgen Precision Casting Ltd presents a mixed picture. Cash reserves declined by 22% to £600,000, and net assets decreased by 2.8% to £910,000. While bank borrowings remain relatively stable, trade debtors have risen significantly—up 46%—potentially indicating delayed payments from customers. On the positive side, creditors have decreased by 23%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity warrants further investigation. No auditor is mentioned, which is common for companies of this size.

Overall, Nexgen Precision Casting Ltd appears to be a stable, albeit modestly sized, operation. While the decrease in cash reserves and equity is a concern, the company's focus on a specialized service and its track record of import activity suggest a resilient business model. It's a company that's likely to continue serving the jewellery manufacturing sector in the Birmingham area.

Registered in England/Wales under the registration number 06640040, with a registered address at B1 3EG, Birmingham, Alexander House, 60 - 61 Tenby Street North.

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