Perfect Welding Limited

Perfect Welding Ltd, based in Sawbridgeworth, UK, is a small, active company founded fifteen years ago in 2009. With seven employees and £400,176 in assets, it operates from a virtual address—a bit odd, as fifty-six companies share the same location. The company is led by two directors and a solo founder, Hayden Anthony John. It has a 5.0 Google rating based on thirteen reviews, a testament to its customer service. Perfect Welding runs an e-commerce site and regularly imports electrical machinery and equipment, with nine months of import activity recorded.

The company’s website showcases a wide range of welding products and supplies, from abrasive products and arc welding equipment to plasma cutting systems and safety PPE. It caters to both hobbyists and industrial clients, offering brands like Fronius, GYS, and Lincoln Electric. The site even provides qualification guidance and non-destructive testing information—a nice touch. They also have a showroom in Hertford town centre, servicing the South East of England, particularly London.

Financially, Perfect Welding Ltd presents a mixed picture. Current assets increased by 13% to £400,000, while net assets grew by 280% to £8,800. Bank borrowings decreased by 39%, reaching £28,000, and cash reserves increased by a whopping 940% to £20,000. Creditors, however, increased by 18% to £430,000, which could indicate increased purchasing or delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. With no auditor mentioned (likely exempt as a small company), the financial statements are unaudited.

Overall, Perfect Welding Ltd appears to be financially stable, with a growing asset base and increased cash reserves. The company's focus on quality products, customer service, and a strong online presence positions it well for continued success, though the rising creditors should be monitored.

Registered in England/Wales under the registration number 06919618, with a registered address at CM21 9AE, Sawbridgeworth, Hertfordshire, The Coach House, The Square.

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