Wam Engineering Limited

WAM Engineering Ltd, based in Tewkesbury, UK, is a small, active company established 37 years ago. Employing 11 people, it holds assets worth £3,699,884 and operates from a real address. The company is led by four directors, though no owners are officially listed. It’s a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, parts – with 528 months of import activity and 296 months of export activity recorded.

The company’s website, wamengineering.co.uk, reveals a comprehensive foodservice equipment specialist. They don’t appear to be an e-commerce business; instead, they offer design, sales, installation, service, repairs, maintenance, and equipment hire. They cater to various sectors, including retail, hospitality, public sector, and healthcare, providing everything from ovens and fryers to refrigeration and extractor fans. The site highlights a focus on expert knowledge and customer service, with a recent award win for startup business of the year.

Financially, WAM Engineering Ltd presents a mixed picture. Cash reserves have increased significantly by 47%, reaching £2,000,000, which is a positive sign. However, net losses deepened, and trade debtors increased by 890%, suggesting potential issues with customer payments. Creditors decreased by 23%, which is good, but bank borrowings increased by 2400%, which is a concerning trend. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the increased debt and losses warrant close monitoring. The company’s accounts are unaudited, as is common for small companies. The financial report does not mention an auditor.

Registered in England/Wales under the registration number 02199494, with a registered address at GL20 8HB, United Kingdom, Tewkesbury, Gloucestershire, Unit 3a Delta Drive, Tewkesbury Business Park.

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