Mike Wye Limited

Mike Wye Ltd, based in Beaworthy, UK, is a small, active company established seventeen years ago. With forty-one employees and £1,617,712 in assets, it’s a well-established player in its sector. The company boasts a perfect 5.0 Google rating from 119 reviews, a testament to its customer service. Five directors and two owners manage the business, operating from a real address in Devon. It’s a regular importer, specializing in tanning and dyeing products, with eighty-six months of import activity recorded, the last in February 2025.

Mike Wye Ltd’s website reveals a focus on sustainable building materials. It’s not strictly e-commerce, but it showcases a wide range of products: wood fibre insulation, lime products, natural paints, and more. The site emphasizes expertise, offering technical advice and even CPD courses. The company also highlights its commitment to environmental responsibility, promoting its products as “better for you, better for your home, and better for the environment.” It’s clear they're positioning themselves as more than just a supplier – they’re a resource for sustainable building practices.

Financially, Mike Wye Ltd presents a mixed picture. Creditors have increased significantly, jumping 99%, while cash reserves have fallen 63%, leaving just £580,000. Net assets, however, have grown by 21%, reaching £1.9 million, and bank borrowings have completely disappeared, which is a positive sign. Debtor’s have decreased by 20%, suggesting better management of outstanding payments. The company’s size—meeting two of three criteria for a small business—allows for agility, but the rise in creditors warrants closer monitoring. The lack of an auditor mentioned likely reflects its exemption as a small company, meaning the financial data is unaudited.

Overall, Mike Wye Ltd appears to be navigating a period of change. While the growth in creditors is a concern, the company’s strong reputation, commitment to sustainability, and the disappearance of bank borrowings suggest it’s positioned to weather the challenges.

Registered in England/Wales under the registration number 06510748, with a registered address at EX21 5RN, United Kingdom, Beaworthy, Devon, Buckland Filleigh Sawmills, Shebbear.

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