Smithbrewer Limited

Smithbrewer Ltd, hailing from Lower Weare, UK, is a medium-sized company with an active status, celebrating 25 years in business. Employing 210 people, the company boasts assets of £13,728,972 and generates an impressive £42,123,635 in yearly revenue. With three directors and two owners, and a solid Google rating of 4.0 based on four reviews, Smithbrewer Ltd operates from a real address and is registered with Companies House. The company regularly imports electrical machinery and equipment (for 21 months) and exports furniture, lighting, and prefabricated buildings (for 99 months).

Smithbrewer Ltd’s website is not available, making it difficult to determine if they operate an e-commerce platform.

Financially, Smithbrewer Ltd shows a mixed picture. While revenue has increased by a healthy 11%, current assets have decreased by 31% to £14 million. Bank borrowings have increased by 340%, reaching £940,000, which is a significant jump. However, cash bank on hand has increased by 13%, reaching £1.6 million. The company’s depreciation on plant and machinery has increased by 16%, which could be due to investment in new equipment. The company’s net assets have increased by 14%, indicating a strengthening financial position overall. The company's auditor is Keith Willis Associates Limited. The company is meeting two of three conditions to be a medium company.

The increase in bank borrowings, while concerning, could be a strategic move to fund growth or invest in new equipment. The company's strong revenue generation and increasing cash reserves suggest it's navigating these changes effectively. It’s likely the company is burning through money, but it’s a strategic burn to grow.

Registered in England/Wales under the registration number 03777353, with a registered address at BS26 2JU, United Kingdom, Lower Weare, Somerset, Smithbrewer Ltd, Notting Hill Way.

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