Wrightform Limited

Wrightform Ltd, based in Eye, UK, is a small, family-run business with an active status, celebrating 23 years since its founding. Employing 49 people and holding £2,624,167 in assets, the company operates from a real address and is managed by four directors and owners. It has a stellar 5.0 Google rating based on 11 reviews. Wrightform is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import operation recorded a year ago.

The company’s website showcases Wrightform as a UK metal solutions subcontractor, specializing in laser cutting, folding, and other metal fabrication services. It caters to a diverse range of sectors, including manufacturing, electronics, medical, and automotive, offering both high-quality products and subcontract engineering expertise. The website highlights its commitment to precision, accuracy, and timely delivery, emphasizing its ability to handle everything from prototype parts to volume production. It also features a gallery of completed projects and a news section with articles on topics like steel selection and metal fabrication processes.

Financially, Wrightform Ltd shows some concerning trends. While current assets increased by 28% to £2,600,000, net assets remained constant at £1,200,000. Bank borrowings increased by 100% to £380,000, and cash reserves decreased by 66% to £120,000. Trade debtors also grew significantly, rising by 42% to £2,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in cash reserves and the increase in debt suggest it may be burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite these financial pressures, Wrightform’s strong Google rating and focus on specialized metal fabrication services indicate a potential for continued success. The company’s family-run nature and commitment to British craftsmanship could also be key differentiators in a competitive market.

Registered in England/Wales under the registration number 04393088, 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.