Davies Woven Wire Limited

Davies Woven Wire Ltd, based in Cradley Heath, UK, is a small, holding company with an active status. Founded 57 years ago, the company employs 24 people and holds £1,792,064 in assets. It operates from a virtual address, managed by two directors and one owner. The company regularly imports and exports iron or steel products—19 months of imports and 73 months of exports recorded.

The company’s website highlights its expertise in manufacturing woven wire conveyor belting. It caters to a range of industries, offering products like balanced spiral belts, chain link belts, and mesh basket panels. The website emphasizes a combination of industry knowledge and a responsive, smaller-company approach. It also offers custom design services and boasts a wide range of products, from conveyor belts to mesh lifting slings. The company has a showroom and contact information readily available, and it’s open Monday to Friday.

Financially, Davies Woven Wire Ltd shows some interesting trends. Creditors decreased by 11%, while net assets increased by 20%, suggesting improved debt management and a healthy bottom line. Cash bank on hand increased significantly by 50%, indicating a strong liquidity position. However, deferred tax liabilities remained stable, and future minimum lease payments decreased by 13%. 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 it to be flexible. The company’s auditor is Kreston Reeves LLP.

Overall, Davies Woven Wire Ltd appears to be in a stable position, benefiting from its established industry presence and strong financial management. The increase in cash reserves is a particularly positive sign, suggesting the company is well-positioned for future growth.

Registered in England/Wales under the registration number 03472100, with a registered address at B64 7BG, England, Cradley Heath, 13 Stourdale Road.

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