Byggwik (u.k.) Ltd

Byggwik (u.k.) Ltd, based in Ludlow, UK, is a small, active company established 47 years ago. It employs four people and holds assets totaling £409,633. With three directors and one owner, the company operates from a real address and is registered with Companies House. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with the most recent import activity occurring in March 1st, 2024. The company’s website describes it as a specialist in storage tank bridge jacking, lifting, and sliding services.

The website showcases a diverse range of projects, from lifting tomb lids under churches to sliding bridges over motorways – a testament to their unique expertise. They offer services on a hire basis and even have a contracting division, Synchrolifts, expanding their capabilities. They don’t undertake building or mechanical repairs to storage tanks themselves, focusing instead on the specialized lifting and sliding aspects. The website highlights a commitment to quality and experience, spanning decades and encompassing a wide range of clients and projects.

Financially, Byggwik (u.k.) Ltd shows some concerning trends. Accumulated depreciation has increased slightly to £920,000, while specific advances to directors have doubled to £32,000. The amount of advances repaid to directors has also decreased by 25% to £150,000. Cash bank holdings have increased to £280,000, which is good, but current assets have fallen by 15% to £410,000. Perhaps most significantly, net assets have declined by 5.5% to £640,000. Creditors have also decreased, which could be a positive sign, but the overall picture suggests the company may be facing some financial pressures. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. As a small company, it's likely exempt from an audit, so the financial data is unaudited.

Registered in England/Wales under the registration number 01356618, with a registered address at SY8 1XE, Ludlow, Salop, Coder Road, Ludlow Business Park.

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