Product Finishing Services Limited

Product Finishing Services Ltd from Cannock UK: a small, holding company with an active status, was founded 17 years ago. It employs eight people and holds £1,263,294 in assets. The company has three directors and one owner, and boasts a perfect 5.0 Google rating based on three reviews. It’s a regular importer of machinery, boilers, and mechanical appliances; parts (182 months imported), and a regular exporter of the same (15 months exported).

The company operates in the repair of machinery, the installation of industrial machinery and equipment, the agents involved in the sale of machinery, industrial equipment, ships and aircraft, and other service activities. Its registered address is real, with only one other company registered at the same location. The company’s status is active.

Financially, Product Finishing Services Ltd shows a mixed picture. Current assets have decreased by 6.8% to £1,300,000, while net assets have increased by 1.8% to £830,000. Bank borrowings have decreased significantly, reaching only £480, and cash reserves have increased by 17% to £470,000. Creditors have also decreased by 15% to £500,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile.

The company’s depreciation on computer equipment has increased by 13%, while the depreciation on motor vehicles has increased by a whopping 150%. It's interesting to note that the company’s average number of employees has increased by 12% to nine. The company has elected not to include a copy of the profit and loss account within the financial statements. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Product Finishing Services Ltd seems to be holding its own, but the increase in depreciation and employee count suggest it’s investing in its operations.

Registered in England/Wales under the registration number 06453314, with a registered address at WS11 0ET, England, Cannock, Staffordshire, Unit 9 Rumer Hill Business Estate, Rumer Hill Road.

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