The West Group (fluid Power) Limited

The West Group Fluid Power Ltd from Portsmouth, UK, is a holding company with an active status, established 42 years ago in 1982. It employs 121 people and holds assets worth £9,733,652, generating a yearly revenue of £24,347,048. The company has six directors and one owner, and boasts a Google rating of 4.0 based on three reviews. It regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 109 months of import activity and 90 months of export activity.

Operating as a specialist in medical fluid control components and solutions, The West Group focuses on design, production, and supply. Its website highlights a broad portfolio, including check valves, couplings, filters, and tubing, catering to various markets from analytical detection to bioprocessing. The company offers customisable filters, check valves, and comprehensive production services, with a focus on bespoke product design and assembly solutions. It also provides cleanroom assembly, subassembly production, component testing, kitting, and marking services.

Financially, The West Group’s report reveals a mixed picture. While turnover remained relatively stable, net assets decreased by 12% to £9,700,000. Cash and cash equivalents saw a significant drop of 49%, falling to £650,000, which could indicate increased investment or working capital needs. Bank borrowings, however, decreased slightly. Trade debtors also decreased by 25%, suggesting improved collection efforts. The company’s average number of employees increased by 17%, rising to 140, potentially reflecting growth in operations. Accumulated amortisation impairment intangible assets remained constant.

The company’s audit was conducted by MMO Limited. While the decrease in cash reserves warrants attention, the company’s strong focus on custom solutions and its diverse range of services suggest a resilient business model. The increase in employees indicates expansion, and the company’s commitment to quality and innovation positions it well in the competitive medical device market.

Registered in England/Wales under the registration number 01661106, with a registered address at PO7 7XJ, Portsmouth, 29 Aston Road, Waterlooville.

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