Press-form Machinery Ltd

Press Form Machinery Ltd, based in Barnsley, UK, is a small, active company founded ten years ago. With five employees and £839,522 in assets, it operates from a virtual address—a detail worth noting as forty-seven companies share the same location. The company, led by a solo founder and single director, boasts a perfect 5.0 Google rating based on three reviews. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 76 months of import activity and 6 months of export activity recorded.

The company’s website highlights its role as a supplier and servicer of sheet metal working machinery, coil processing equipment, and turnkey product manufacturing systems. It represents numerous European and American equipment manufacturers, offering a wide range of production-enhancing machinery for sale. Based in a central UK location, Press Form Machinery provides a nationwide supply and servicing solution. The site details a team with over 30 years of experience and emphasizes its expertise within the industry. It also features testimonials from satisfied customers, praising the company's knowledge and reliability. The website offers finance options for new Haeger machinery and showcases refurbished equipment alongside new products.

Financially, Press Form Machinery Ltd shows some concerning trends. While investments fixed assets increased by a significant 120%, indicating potential expansion, net assets fell by 32% to £800,000. Bank borrowings surged by 2400%, reaching £29,000, and cash reserves fell 30% to £440,000. Trade debtors ballooned by 82%, suggesting delayed customer payments. Creditors decreased by 45%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. As a small company, it’s likely exempt from an audit, meaning these figures are unaudited.

Overall, Press Form Machinery Ltd appears to be facing some financial pressures despite its strong reputation and wide range of products. The company’s ability to navigate these challenges will be key to its long-term success.

Registered in England/Wales under the registration number 09479504, with a registered address at S70 2BP, England, Barnsley, South Yorkshire, 2 Western Street.

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