Twiflex Limited

Twiflex Ltd from Bedford UK is a large, holding company with an active status, having been founded 79 years ago in 1946. The company employs 125 people and holds assets worth £13,179,000. It operates from a real address and is overseen by three directors and one owner. An e-commerce site complements its operations, and it currently holds a Google rating of 4.0 based on 11 reviews. Twiflex Ltd regularly imports machinery, boilers, and mechanical appliances; parts (436 months imported), and exports the same items (535 months exported).

The company is a manufacturer specializing in industrial couplings, clutches, and brakes. It’s part of Altra Industrial Motion Uk Ltd, which acquired it eight years ago. The current directorate includes Stuebe Mark, Greving Stefan, and Loizides Marios.

Financially, Twiflex Ltd’s recent performance shows some interesting trends. While current assets increased by 14% to £13,000,000, net assets experienced a significant jump of 73% to £9,000,000. Bank borrowings decreased by 37%, and cash reserves saw a healthy increase of 31% to £2,700,000. However, administrative expenses increased substantially by 48% to £6,800,000, and net losses deepened from -£1,700,000 to zero. Creditors decreased by 25%, suggesting improved debt management, but the increase in administrative expenses could be due to investments in growth or rising operational costs. The company’s large size (meeting two of three criteria for a large company) and the absence of an auditor (likely exempt) mean the figures rely on unaudited statements.

The company's focus on the design, manufacture, and supply of industrial components, combined with its strong export activity, indicates a business operating in a competitive, global market. The increase in administrative expenses, while concerning, could be a sign of expansion and investment in future growth.

Registered in England/Wales under the registration number 00404531, with a registered address at MK42 9RD, England, Bedford, 317-319 Ampthill Road.

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