North Valley Forge Ltd

North Valley Forge Ltd, based in Nelson, UK, is a small, active company established fourteen years ago. With thirty-six employees and £1,295,717 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with a history of sixty-five months of imports—and occasionally exports electrical machinery and equipment, with just two months of export activity.

The business specializes in wrought iron gates, driveway gates, railings, and balustrades, offering a range of styles from traditional to modern. Its website showcases a comprehensive selection of products, including custom-made gates and railings, and even features a showroom with a large selection of automated gates. The company also offers services such as design, installation, and restoration, catering to both residential and commercial clients. It's clear they are focused on high-quality, bespoke ironwork, and their website emphasizes a commitment to craftsmanship and customer satisfaction.

Financially, North Valley Forge Ltd presents a mixed picture. Cash reserves have significantly increased, jumping 120% to £170,000, which is a positive sign. However, net assets have decreased by 4.3% to £2,100,000. Trade debtors have risen by 11%, suggesting a possible increase in outstanding payments. A concerning trend is the increase in creditors, up 14% to £690,000—this could indicate increased reliance on short-term financing. The average number of employees has decreased by 11%, falling to thirty-two, which might be related to operational changes. Accumulated depreciation has risen by 36%, reflecting the aging of their assets. The company meets the criteria for a small business, with turnover below £10.2 million and assets below £5.1 million. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company’s growth in cash reserves is encouraging, but the increase in creditors and decrease in net assets warrants closer monitoring. The decrease in employees could be a result of streamlining operations or a temporary situation. Overall, North Valley Forge Ltd appears to be a stable, albeit somewhat pressured, small business navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 07577833, with a registered address at BB9 8TU, England, Nelson, Unit 7, Valley Forge Business Park, Reedyford Road.

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