Waste Equipment Supplies Limited

Waste Equipment Supplies Ltd, based in Blackburn, UK, is a small, active company founded 23 years ago. Employing 16 people and holding £528,057 in assets, it’s a well-established player in the waste machinery sector. The company operates without any reported owners, with two directors currently managing the business. It has a real address and a solid 4.0 Google rating based on three reviews. Waste Equipment Supplies Ltd regularly imports machinery, boilers, and mechanical appliances, with its most recent import activity occurring four months ago.

The company’s website showcases a comprehensive range of waste recycling equipment, from vertical balers to compactors and dewatering systems. It positions itself as a trusted supplier, offering new and refurbished equipment, financing options, and on-site quotations. A key selling point is its ability to help businesses cut waste handling costs and even generate revenue from their existing waste—a compelling message for environmentally conscious companies. The website also highlights partnerships with leading waste equipment manufacturers, reinforcing its commitment to quality and innovation. It’s clear that Waste Equipment Supplies Ltd caters to a wide range of sectors, providing solutions for waste management and recycling needs.

However, a closer look at the company's financial data reveals some concerning trends. Cash bank on hand has plummeted 75%, dropping to £34,000. Net assets have also taken a hit, decreasing by 74% to just £69,000. Trade debtors have also fallen significantly, dropping 75% to £140,000. While creditors have also decreased by 34%, this might be a result of the company trying to manage its cash flow. The number of employees has also dropped by 19%, from 16 to 13. Despite meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), these figures suggest the company is facing financial pressures. The lack of an auditor (likely exempt as a small company) means the financial statements are unaudited.

In conclusion, Waste Equipment Supplies Ltd appears to be a reputable, well-established business in a niche market. However, the recent financial data indicates a need for careful management and a focus on improving cash flow. The company’s long history and strong customer reviews suggest it has the potential to weather these challenges, but proactive measures are essential to ensure its long-term success.

Registered in England/Wales under the registration number 04380435, with a registered address at BB1 3BW, England, Blackburn, Unit B, Stanley Street.

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