Industrial Water Equipment Limited

Industrial Water Equipment Ltd, based in Matlock, UK, is a small, active company founded 17 years ago. With 14 employees and £435,618 in assets, it's a family affair, run by a solo founder and overseen by two directors. The company has a real registered address and regularly imports machinery, boilers, and mechanical appliances – parts, with 47 months of import activity recorded, the last in February 2025. It also exports these same items, though less frequently, with 5 months of export activity, the last in May 2021.

The company operates in the water collection, treatment, and supply industries. It's a small business, meeting two of three criteria for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). While the company’s website isn’t available, its activities suggest a focus on supplying equipment and parts to related industries.

Financially, Industrial Water Equipment Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 97% to £180,000. However, net assets have declined by 34%, falling to £160,000. Bank borrowings have also decreased substantially, dropping 50% to £10,000. Trade debtors have seen a sharp decline, falling 41% to £180,000. Creditors have increased by 13%, reaching £52,000. The company’s small size allows it to remain agile, but the decline in equity warrants further observation. No auditor is mentioned, which is common for small, exempt companies. The accounts are unaudited.

It appears the company is managing its debts well, but the decrease in equity could be a concern. Whether this is a temporary blip or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 06245066, with a registered address at DE4 4FY, England, Matlock, Industrial Water Equipment Limited Ravenstor Road, Wirksworth.

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