Mercian Weldcraft Limited

Mercian Weldcraft Ltd, a West Midlands-based company, has been a fixture in the UK steel fabrication industry for 54 years. Founded in 1971, this small, active business employs 17 people and boasts assets of £2,645,199. With a perfect 5.0 Google rating from eight reviews, it’s clearly doing something right. The company operates from a sizable, purpose-built facility in Aldridge, Walsall, and is run by seven directors, though no owners are officially listed. It's an irregular importer, with its last import operation dating back to April 2021.

Mercian Weldcraft specializes in bespoke steel fabrications for a range of UK projects, offering services from design to manufacturing and delivery. Its website highlights its ability to handle large-scale fabrications (up to 20 tonnes) and emphasizes precision and efficient service. The company’s location, just three miles from the M5 and M6, facilitates nationwide distribution.

A review of the company’s financial data reveals some interesting trends. While cash reserves increased by a healthy 49% to £1.9 million, net assets also rose by 23% to £2.5 million. However, trade debtors decreased by 21%, suggesting a potential challenge in collecting payments. Creditors also decreased by 19%, which is a positive sign. The company’s assets are being utilized effectively, and the increase in cash is encouraging. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the fluctuations in debtor and creditor balances warrant close monitoring. There is no mention of an auditor, which is typical for companies of this size.

Overall, Mercian Weldcraft appears to be a stable and well-regarded business, though the changing debtor and creditor numbers should be watched closely.

Registered in England/Wales under the registration number 00999132, with a registered address at WS9 8BN, West Midlands, Stubbers Green Road, Aldridge Walsall.

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