Wallcharm Products Limited

Wallcharm Products Ltd, based in Worcestershire, UK, is a small, holding company with an active status, celebrating 32 years in business. Employing nine people and holding assets of £258,663, the company operates from a real address and is overseen by one director and owner. It regularly imports plastics and plastic products (three months of activity), but exports irregularly (just one month).

The company's website highlights its specialization in plastic injection moulding, particularly polypropylene closures for industries like pharmaceuticals, veterinary, industrial, construction, and food sectors. They offer closures ranging from 2048mm in diameter, with a focus on quick turnaround times and stock availability. Beyond closures, Wallcharm also manufactures safety accessories for the scaffolding sector, including footplates and caps. The website emphasizes a friendly, efficient service and offers free samples. They are ISO9001 Quality Certified.

Financially, Wallcharm Products Ltd presents a mixed picture. While current assets increased by 18% to £260,000, net assets grew by a substantial 41% to £140,000. However, bank borrowings surged by 32%, reaching £21,000, and taxation and social security payable skyrocketed by 2400%, jumping to £20,000. Creditors also increased by 48%, reaching £350,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The increase in creditors and social security payable, alongside the rise in bank borrowings, suggests Wallcharm may be experiencing cash flow pressures despite the growth in assets. It's possible the company is investing in inventory or expanding operations, but careful management of its liabilities will be crucial.

Registered in England/Wales under the registration number 02797715, with a registered address at B97 6DE, Worcestershire, Unit 61 Enfield Industrial Estat, Redditch.

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