H.v. Wooding Limited

Hv Wooding Ltd, based in Hythe, UK, is a well-established family business with a long history, having been founded 57 years ago in 1967. The company, which employs 93 people, boasts impressive assets of £5,725,784 and generates an annual revenue of £9,643,070. With six directors and five owners, and a perfect 5.0 Google rating from six reviews, it’s a respected player in its field. The company regularly imports and exports electrical machinery and equipment, with 17 months of import activity and a substantial 167 months of export activity.

Hv Wooding Ltd operates as a manufacturer, specializing in the production of busbars, motor laminations, and core packs. Their website details a broad range of services, including laser cutting, wire erosion, electroplating, and assembly. They cater to diverse sectors, from electric hybrid vehicles and renewable energy to medical and data centres. A key differentiator is their ability to provide bespoke solutions, working with clients from prototype development to volume production. The company has long-standing partnerships with major players like Schneider Electric, Honeywell, Rolls Royce, and GE Renewables, testament to their quality and reliability.

Looking at the financial picture, Hv Wooding Ltd shows a mixed bag. Accrued liabilities decreased by 14%, while accumulated depreciation on furniture fittings increased by 3.3%. Director remuneration rose by 9%, and the company paid out dividends totaling £130,000. However, cash bank balances surged by a remarkable 79%, indicating improved liquidity. The company’s turnover increased by 97% and net assets increased by 7.3%. While the company has been audited, the figures rely on the director's report.

The company’s continued investment in state-of-the-art technology, including a new wire erosion machine and laser cutter, suggests a commitment to staying competitive. It’s clear that Hv Wooding Ltd is a resilient and adaptable business, navigating the challenges of a dynamic market with a focus on innovation and customer service.

Registered in England/Wales under the registration number 00921793, with a registered address at CT21 6HG, Hythe, Kent, Range Road Industrial Estate, Range Road.

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