Ewm Hightec Welding Uk Limited

Ewm Hightec Welding Uk Ltd, based in Morpeth, UK, is a small, holding company with an active status. Founded 16 years ago in 2008, it employs 12 people and holds assets totaling £1,792,924. The company, with a real address and overseen by one director and owner, maintains a Google rating of 5.0 based on three reviews. It’s a regular importer and exporter of electrical machinery and equipment, with 163 months of import activity and 79 months of export activity recorded.

The company’s website, ewmgroup.com, reveals a global leader in welding technology. EWM GmbH, the parent company, offers a wide range of products and services, from welding machines and accessories to training and consulting. The website emphasizes innovation, quality, and customer satisfaction, showcasing a commitment to advancing the welding industry. It’s clear the UK arm plays a key role in the broader EWM network, distributing products and providing support to customers across the region.

Financially, Ewm Hightec Welding Uk Ltd shows a mixed picture. Current assets increased by 19%, reaching £1,800,000, while net assets grew 9%, hitting £1,400,000. However, bank borrowings surged by 50%, reaching £270,000, and corporation tax payable jumped significantly, rising 650% to £40,000. Creditors also increased by 49%, reaching £540,000. The company’s small size (meeting two of three conditions for being a small company) allows it to remain flexible, but the increase in debt and tax obligations suggests it’s burning through cash a little quicker. The lack of a named auditor (likely exempt as a small company) means the financial statements are unaudited.

Overall, Ewm Hightec Welding Uk Ltd appears to be a healthy, albeit growing, operation within a larger international group. The increase in debt and taxes might be a result of expansion, but it’s something to keep an eye on. It seems like the company is doing well, but it’s important to manage cash flow effectively.

Registered in England/Wales under the registration number 06740723, with a registered address at NE61 6JN, Morpeth, Northumberland, Unit 2 Coopies Way, Coopies Lane Industrial Estate.

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