Wrightfield Limited

Wrightfield Limited, based in Eye, Suffolk, UK, is a small company with an active status, celebrating 36 years in business. Employing 46 people and boasting assets of £2,817,264, the company operates from a real address within the Mid Suffolk Business Park. With four directors and two owners, Wrightfield Limited is a well-established player in its sector. It regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on November 01, 2024, and exports the same items, with the last export operation made on February 01, 2025.

The company’s website reveals a focus on conveyor systems and related engineering services for the food, pharmaceutical, and other processing industries. Wrightfield designs, manufactures, and installs custom conveyor solutions, offering a comprehensive range of services from initial layout design to ongoing servicing and spares. They also provide structural steelwork and meat processing equipment. The website highlights a commitment to quality, innovation, and customer support, with a focus on British craftsmanship.

Financially, Wrightfield Limited’s recent report shows some interesting trends. Total assets decreased by 26%, falling to £2,800,000, while net current assets plummeted 100%, resulting in a negative value of -£14,000. Bank borrowings decreased by 31%, settling at £230,000, and cash reserves increased significantly, reaching £110,000. Creditors decreased by 15%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in current assets raises concerns. With no auditor mentioned, the figures rely on unaudited statements.

The increase in bank borrowings, combined with the negative current assets, suggests that Wrightfield may be facing short-term cash flow pressures, despite the overall increase in cash reserves. Perhaps the company has invested in new equipment or expanded its operations, leading to a temporary strain on working capital. It's also possible that delayed payments from customers have contributed to the negative current assets.

Registered in England/Wales under the registration number 02347731, with a registered address at IP23 7HU, Eye Suffolk, Progress Way, Mid Suffolk Business Park.

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