Suffolk Machine Knives Limited

Suffolk Machine Knives Limited, based in Brandon, UK, is a small, active company founded 14 years ago in 2010. With two employees and £54,395 in assets, it's a modest operation led by a single director and owner. The company operates from a real address and has been importing basic metal tools and utensils irregularly, with the last import activity recorded one month ago in May 2022. It’s a repair of fabricated metal products business.

The company's website is not available, so it’s difficult to determine the extent of its online presence or e-commerce activities. It seems to focus on the repair of fabricated metal products, likely serving local businesses or industrial clients.

Financially, Suffolk Machine Knives Limited presents a mixed picture. Cash bank on hand has seen a significant increase of 230%, jumping to £28,000, which is a positive sign. However, creditors have also risen by 58%, reaching £55,000—suggesting increased reliance on short-term financing. Current assets have grown by 60% to £54,000, and net assets liabilities have improved by 17%, settling at £560. Despite these improvements, trade debtors remain steady at £26,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rising creditor levels warrant attention. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Suffolk Machine Knives Limited appears to be navigating a period of growth, but needs to manage its liabilities effectively to ensure long-term stability.

Registered in England/Wales under the registration number 07309434, with a registered address at IP27 0ND, United Kingdom, Brandon, Unit 6 Highbury Road.

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