Wagtech Projects Ltd

Wagtech Projects Ltd from Wiltshire UK is a small, active company founded 36 years ago. With 15 employees and £5,851,161 in assets, it operates from a virtual address, managed by four directors and a single owner who is also the solo founder. The company regularly imports and exports optical and medical tools and devices – 185 months of imports and 497 months of exports recorded.

The company’s website showcases a diverse range of services and products, primarily focused on water and environmental equipment. Wagtech Projects manufactures and supplies specialist equipment, offering solutions for international projects, including water purification, agronomy, hydromet, mobile laboratories, and product training. A key area is Trace2o, a product line, and the website highlights partnerships with companies like Trace2o, Buck Scientific, and Raypa. The site also includes a section for news, events, and social media updates, and a dedicated area for staff and partners. The company’s physical address is Wagtech Court, Station Rd, Thatcham RG19 4HZ, UK.

Financially, Wagtech Projects Ltd demonstrates a mixed picture. Current assets increased by a substantial 82%, reaching £5,900,000, while net assets decreased by 9.3% to £1,000,000. Bank borrowings have surged by 56%, climbing to £1,400,000, and cash reserves have improved by 79%, reaching £320,000. Trade debtors have also increased significantly, ballooning by 83% to £5,500,000. 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 for agility, but the decrease in equity and increased borrowings suggest potential financial pressures. The company’s financial statements were audited by Rothmans Audit LLP.

Overall, Wagtech Projects Ltd appears to be a well-established business navigating the challenges of growth and market fluctuations. The company's focus on specialized equipment and services, combined with its international reach, positions it for continued success, although careful management of debt will be crucial.

Registered in England/Wales under the registration number 02296299, with a registered address at SP1 2DN, Wiltshire, 10 St Ann Street, Salisbury.

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