North West Precision Limited

North West Precision Ltd from Birkenhead UK: a small, active company founded eleven years ago, employs sixty-nine people, and holds £2,705,106 in assets. It’s a family business with six directors and two owners, operating from a real address. The company regularly imports aircraft, spacecraft, and their parts (four months of imports) and exports them too (twenty-nine months of exports).

The company’s website highlights its expertise in manufacturing high-grade bespoke aerospace parts. They combine a skilled workforce and state-of-the-art machinery to deliver products right the first time, every time. Their 30 years of experience provides the know-how to meet customer requirements. The website also mentions a new website launch in 2012.

Financially, North West Precision Ltd’s numbers are a bit of a mixed bag. While bank borrowings have increased dramatically—by 12,000%—reaching £1,200,000, cash reserves have skyrocketed by 300,000% to £160,000. Creditors have also seen a huge jump, increasing by 18,000%, reaching £2,100,000. On the positive side, debtors have increased significantly, rising by 630%, reaching £1,800,000. Equity has improved too, with retained earnings accumulating losses growing by 180%. The company’s small size—meeting two of three conditions for being classified as small—helps it remain adaptable. As a small company, it's exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it's experiencing a period of rapid growth, but it's also taking on significant debt. Whether this is a sustainable strategy remains to be seen, but the company’s expertise in aerospace parts and its family-run structure could give it an advantage in the long run.

Registered in England/Wales under the registration number 08737213, with a registered address at CH42 1NH, United Kingdom, Birkenhead, Merseyside, Unit 3a Ebenezer Street, Rock Ferry Industrial Estate.

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