Pyropress Limited

Pyropress Ltd from Plymouth UK: a large company, holding company, active status, founded 7 years ago, with 21 employees and £1,098,258 in assets, operates from a real address, and is overseen by five directors and two owners. It boasts a perfect 5.0 Google rating based on three reviews. The company regularly imports and exports optical and medical tools and devices, with 23 months of import activity and 176 months of export activity.

Pyropress specializes in designing and manufacturing switches, transmitters, and valves for hazardous areas. Its website highlights a focus on tough, reliable products for critical operations, particularly in sectors like rail, oil and gas, and waste management. The company offers both standard and custom solutions, with a global reach and a commitment to British manufacturing. It also appears to have a separate division focused on piano restoration, a surprising and prestigious venture.

Financially, Pyropress Ltd shows some concerning trends. While average employee numbers increased by 14% to 26, current assets rose 16% to £1,100,000. However, net assets increased by a smaller 25%, and bank borrowings increased significantly. Creditors decreased by 11%, suggesting improved debt management, but cash reserves fell 64% to £46,000. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decline in equity is a point of concern. No auditor is mentioned, meaning the figures are unaudited.

The company’s focus on specialized engineering products and its global reach suggest a strong foundation. However, the recent financial pressures indicate a need for careful management. The dual nature of the business—engineering and piano restoration—presents both opportunities and challenges, and it will be interesting to see how these two ventures interact in the future.

Registered in England/Wales under the registration number 11162583, with a registered address at PL7 4JH, England, Plymouth, Bell Close Newnham Industrial Estate, Plympton.

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