Concrete Wetcast Ltd

Concrete Wetcast Ltd, based in Bristol, UK, is a small, holding company with an active status. Founded 20 years ago in 2004, it employs seven people and holds £148,132 in assets. The company operates from a virtual address, managed by one director and one owner, and enjoys a perfect 5.0 Google rating based on two reviews. It regularly imports machinery, boilers, and mechanical appliances, parts, with four months of import activity recorded, and exports the same items, with eight months of export activity.

The company’s website highlights its focus on automated precast machinery and accessories for the concrete industry. It actively encourages potential clients to "dramatically increase the productivity profitability" of their wetcast manufacture, offering a range of products like the CW800 Straight Line Machine and ScrewDoser. The website also features a video showcasing the art of making paving slabs, demonstrating a commitment to quality and innovation.

Financially, Concrete Wetcast Ltd presents a mixed picture. Current assets have significantly dropped by 51%, falling to £150,000. Equity has plummeted by 96%, leaving just £7,700. Bank borrowings are not mentioned, but creditors have increased by 30%, reaching £140,000. Cash reserves have also decreased by 32%, sitting at £150,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity is a cause for concern. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

It seems like Concrete Wetcast Ltd is facing some financial headwinds, despite its strong Google rating and active import/export operations. The company’s focus on specialized machinery suggests a niche market, but the declining equity indicates a need to carefully manage its finances and potentially explore new revenue streams.

Registered in England/Wales under the registration number 05168095, with a registered address at BS16 4QG, Bristol, 7 Soundwell Rd, Staple Hill.

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