Srf Ltd

Srf Ltd from Downpatrick UK: a small, active company founded five years ago, employs thirty-seven people, and holds £1,925,609 in assets. It’s a solo-founded operation led by a single director and owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with four months of import activity recorded, and exports similar items, with three months of export activity.

The company operates in the manufacture of agricultural and forestry machinery, and the manufacture of other special-purpose machinery. Its website, while not detailed, suggests a focus on industrial equipment.

Financially, Srf Ltd shows some interesting trends. Accumulated depreciation and impairment of property, plant, and equipment increased by 48%, while cash bank on hand jumped a remarkable 390% to £190,000. Creditors decreased by 27%, which is a positive sign, but debtors fell by 21%. Equity, however, increased by 53% to £1.4 million. The company’s small size—meeting two of three criteria for a small company—helps it remain agile.

A significant advance or credit to the director, now at £130,000, may indicate investment or a loan, and the company’s net current assets and liabilities increased by 76%. The accounts are abridged and unaudited, and the company is exempt from an audit, relying on director-reported data. It’s worth noting that the company’s turnover is not mentioned, but it’s likely to be in the lower range given its size.

Registered in Northern Ireland under the registration number NI664544, with a registered address at BT30 8SJ, Northern Ireland, Downpatrick, Mountpanther 39 Dundrum Road, Clough.

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