Brookside Welding Supplies Limited

Brookside Welding Supplies Ltd from Macclesfield UK: a small company with an active status, was founded 39 years ago. Employing seven people, it holds assets valued at £920,012 and operates from a real address. Two directors and one owner oversee the business, which runs an e-commerce site and maintains a 5.0 Google rating based on six reviews. The company regularly imports electrical machinery and equipment, with recent activity in May 2024.

The company’s website showcases a vast array of welding equipment and supplies, catering to a wide range of industries. From arc welders and MIG welders to plasma cutters and safety gear, Brookside Welding Supplies Ltd offers a comprehensive selection. The site is well-organized, with clear product categories and detailed specifications, and even includes a section for used machines. It’s clear they’re targeting both professional welders and hobbyists.

Financially, Brookside Welding Supplies Ltd presents a mixed picture. While current assets increased by 46% to £920,000, net assets grew by a more modest 38% to £460,000. Bank borrowings have decreased significantly, dropping 76% to £12,000, and cash reserves have also fallen 30% to £28,000. Creditors have also decreased by 18%, 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) allows for flexibility, but the decrease in cash reserves could indicate a need to manage working capital more closely. No auditor is mentioned, which is common for small companies.

Overall, Brookside Welding Supplies Ltd appears to be a well-established and reputable supplier of welding equipment, but the financial data suggests it's navigating a period of change, and perhaps some challenges. It’s a good sign that they’re maintaining a strong online presence and positive customer reviews, but careful financial management will be key to their continued success.

Registered in England/Wales under the registration number 01997989, with a registered address at SK11 7BB, Macclesfield, Cheshire, The Welding Centre, Jodrell Street.

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