Severn Machines Limited

Severn Machines Ltd from Bishop's Frome UK: a small holding company with an active status, was founded ten years ago in 2014. The company employs eleven people and holds assets worth £2,579,707. It operates from a real address at Unit 1 Bishop's Frome Technology Park, Worcestershire, and is managed by two directors and two owners. Severn Machines is a regular importer and exporter, bringing in machinery, boilers, and mechanical appliances, parts for 16 months, and sending them out for six months.

The company specializes in reconditioned TRUMPF machines, offering services like refurbishment, nitrogen generation equipment, and dust extraction. Its website, infosevernmachines.co.uk, highlights its strength in high-quality used machines and long-term customer relationships. It even has a showroom in Harrods, London.

Financially, Severn Machines Ltd shows some concerning trends. Cash reserves decreased by 29% to £740,000, and bank borrowings increased by 200% to £11,000. While creditors also rose by 7.9% to £650,000, the decrease in cash is a notable point. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the decline in equity is something to keep an eye on. The company’s net assets have remained the same, at £2,000,000. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

The company’s trade debtors have increased significantly by 65%, suggesting it’s giving customers more time to pay. While the company’s turnover hasn’t been reported, it’s clear that the business is working to maintain its position in the market.

Registered in England/Wales under the registration number 09276823, with a registered address at WR6 5AY, Bishop's Frome, Worcestershire, Unit 1 Bishop's Frome Technology Park.

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