South West Metal Finishing Limited

South West Metal Finishing Ltd from Exeter UK: a large company, holding company, active status, founded 37 years ago, employing 139 people, holding £4,471,137 in assets, and generating £9,552,079 in yearly revenue, operates from a real address and is managed by seven directors and one owner. Its Google rating is a perfect 5.0 based on two reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 73 months of import activity and 36 months of export activity.

The company’s core business is the manufacture of other fabricated metal products, and it’s a significant player in the region. It’s a holding company, suggesting it may own other businesses, and its size—meeting two of three conditions for a large company (turnover over £36 million, balance sheet total over £18 million, average number of employees over 350)—indicates a substantial operation. The presence of seven directors, while potentially adding complexity, could also signify a well-structured management team.

While the company’s website isn’s available, its financial data paints a mixed picture. Accumulated amortisation impairment intangible assets increased significantly, by 870%, suggesting a possible investment in patents or trademarks. Similarly, accumulated depreciation impairment property plant equipment rose, with Land Buildings increasing by 58% and Motor Vehicles by 20%. This could be a sign of growth and investment in infrastructure, but it's important to note that depreciation is a non-cash expense.

However, there are some concerning trends. Net assets decreased, and bank borrowings increased, while cash reserves fell. This suggests the company might be burning through cash, possibly due to increased investment or operational costs. The company’s creditors also increased, which could indicate a reliance on short-term financing. Despite these challenges, the company’s revenue increased by 44%, which is a positive sign.

Thompson Jenner LLP is the auditor for South West Metal Finishing Ltd. The company's financial statements are prepared in accordance with Financial Reporting Standard 102. Overall, South West Metal Finishing Ltd appears to be a sizable and active company facing typical challenges associated with growth and investment.

Registered in England/Wales under the registration number 02246273, with a registered address at EX2 8TJ, Exeter, Devon, Alphinbrook Road, Alphington.

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