Perfect Bore Manufacturing Limited

Perfect Bore Manufacturing Ltd, based in Andover, UK, is a small, holding company with an active status. Established 21 years ago, it employs 67 people and holds assets valued at £2,249,913. The company, boasting a perfect 5.0 Google rating from 19 reviews, operates from a real address and is overseen by three directors and one owner. It regularly imports aircraft, spacecraft, and their parts (for 13 months) and exports machinery, boilers, and mechanical appliances (for 16 months).

The company’s website highlights its premier deep hole drilling services, catering to industries like aerospace, oil & gas, defence, and automotive. It offers a range of services, including gun drilling, honing, CNC turning, and superfinishing. While the website doesn't explicitly mention e-commerce, it serves as a detailed brochure showcasing its capabilities and markets.

Financially, Perfect Bore Manufacturing Ltd’s report reveals a mixed picture. Current assets have decreased by 32%, dropping to £2.2 million, while net assets have fallen by 35%, settling at £2 million. Bank borrowings have decreased by 61%, reducing to £6,500, and cash reserves have fallen by 46%, dropping to £840,000. Trade debtors have also decreased by 21%, suggesting better management of outstanding payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in net assets could indicate tighter margins or increased investment. The report does not mention an auditor, likely due to the company’s small size and exemption from an audit.

Overall, Perfect Bore Manufacturing Ltd appears to be navigating a period of financial adjustment, while maintaining a strong reputation for its specialised drilling services.

Registered in England/Wales under the registration number 04979190, with a registered address at SP10 3TZ, East Portway Ind Estate Andover, Hampshire, Unit 3 Hunstrete House, Sterling Park.

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