Springfield Pressings Limited

Springfield Pressings Ltd from Leicester UK is a small, holding company with an active status, celebrating 50 years since its founding in 1974. Employing 30 people, the company holds assets totaling £1,459,469 and operates from a real address. It's managed by two directors and owned by Djl Group Leicester Ltd. The company irregularly imports electrical machinery and equipment, with the last import occurring in August 2020, while regularly exporting machinery, boilers, and mechanical appliances—parts, with the most recent export in December 2024.

Springfield Pressings specializes in metal pressing, precision toolmaking, sheet metal forming, and metal fabrication, catering to industries like aerospace, marine, medical, and architectural. The company's website highlights its services, including CAD design, pressed assembly, and industrial hardware, with a focus on providing a personal and reliable service. They even manufacture sanitiser stations and brackets. The business operates from 378 Thurmaston Boulevard, Leicester, and boasts ISO 9001 certification.

Financially, Springfield Pressings shows some concerning trends. While cash reserves dramatically increased by 1000%, jumping to £670,000, current assets declined by 21%, dropping to £1,100,000. Bank borrowings have vanished, reducing from £310,000 to just £30,000. Trade debtors have fallen significantly, by 34%, and creditors have also decreased. Equity has also decreased, by 5.6%. These changes suggest the company is managing its debt well, but the decline in assets needs to be monitored. The company is exempt from an audit, so the figures are unaudited. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which allows for greater flexibility but also increases scrutiny of its financial health.

Registered in England/Wales under the registration number 01181130, with a registered address at LE4 9LE, England, Leicester, 378 Thurmaston Boulevard.

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