Collins Reinforcements Limited

Collins Reinforcements Ltd, based in Ince, Wigan, is a small, family-run business with an active status. Founded 41 years ago in 1983, the company employs 15 people and holds £2,265,472 in assets. It operates from a real address and is overseen by three directors and two owners. Google users rate it 4.0 out of 5 based on 12 reviews. The company irregularly imports electrical machinery and equipment, with the last import activity recorded one month ago.

The company’s website highlights its role as a North West specialist rebar fabricator, offering cut and bent reinforcing bar and mesh, along with accessories and permanent formwork. It caters to a range of contracts, from small to large and urgent, providing express delivery services and crane-offload where possible. Case studies showcase projects for Balfour Beatty, R H Mawdsley Ltd, and Manchester Business School, among others. The website also advertises a range of shape codes and downloadable resources, demonstrating a focus on technical expertise. It’s clear the business is geared towards serving the construction industry, offering both standard products and custom fabrication services.

Financially, Collins Reinforcements Ltd presents a mixed picture. While cash bank on hand increased by a healthy 13% to £1,200,000, debtors decreased by 7.1% to £790,000, suggesting potential issues with customer payments. Creditors increased by 5.5% to £990,000, and net assets remained relatively stable at £1,600,000. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the increase in creditors could be a cause for concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s worth noting that the company's plant and machinery saw a decrease of 6.3%, which could be due to depreciation or asset sales. Overall, Collins Reinforcements Ltd appears to be a stable, albeit modestly sized, operation, but keeping a close eye on its debt management will be important going forward.

Registered in England/Wales under the registration number 01765087, with a registered address at WN2 2DY, Dobson Park Way Ince, Wigan, Unit 5, Dobson Park Industrial Estate.

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