Pfeifer Rope And Tackle Limited

Pfeifer Rope And Tackle Ltd from Southampton UK: a large company with an active status, was founded 45 years ago, employs 17 people, holds £3,272,004 in assets, and has a real address. It’s led by two directors and one owner, and boasts a stellar 5.0 Google rating from two reviews. The company regularly imports and exports iron or steel products, with 122 months of import activity and 74 months of export activity.

The company specializes in sales, service, and distribution of crane ropes, traveling cables, and roping services for the elevator industry. They also provide lifting equipment, ropes, and rigging services, primarily serving the marine industry across the UK. With locations in Crewe and Southampton, they’re positioned as experts for the UK and Irish markets. Their website highlights a global presence with various business units and a focus on quality and service.

Financially, Pfeifer Rope And Tackle Ltd appears to be doing well, although there are some trends to note. Current assets increased by 19%, reaching £3,300,000, while net assets also grew by 17% to £1,100,000. Bank borrowings increased significantly by 100%, reaching £100,000, which could be a sign of investment or expansion. Creditors also increased by 22%, to £2,300,000, suggesting a reliance on trade credit. Despite a slight decrease in cash reserves, the company’s overall financial position seems stable. The company’s large size (meeting two of three criteria for a large company) and the absence of any auditor mentioned (likely exempt due to size) suggest a well-managed operation. The company’s income from related parties decreased slightly, which could be due to a change in business strategy. It's likely that the increase in bank borrowings is to support ongoing operations and potential growth.

Registered in England/Wales under the registration number 01487274, with a registered address at SO40 4BL, Southampton, Pfeifer Rope & Tackle, North Road, Marchwood Industrial Park, Marchwood.

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