Waterman Laundry Equipment Limited

Waterman Laundry Equipment Ltd from Preston UK: a small, family business, is active and was founded eight years ago. With three employees and £518,103 in assets, it operates from a virtual address, managed by one director and two owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 29 months of import activity, the last in September 2024. Export activity is irregular, with just two months of exports, the last in February 2025.

The company’s website highlights its role as a supplier of commercial and industrial laundry equipment. It offers a wide range of products, from washers and dryers to ironers and parts, representing brands like Miele, Electrolux, and Speed Queen. It also provides repair services and even offers disaster recovery for damaged pianos—a surprising addition to its core laundry equipment business. The website emphasizes competitive pricing and fast customer support, hallmarks of a modern supplier.

Financially, Waterman Laundry Equipment Ltd presents a mixed picture. Creditors rose by 20%, while bank borrowings increased by a significant 200%, reaching £39,000. Cash reserves, however, increased to £34,000. Trade debtors also increased by 84%, which could be a sign of delayed payments. The company's small size—meeting two of three criteria for a small company—helps it remain agile. With no auditor mentioned, the financial data relies on unaudited statements.

The increase in bank borrowings, alongside the rise in trade debtors, suggests the company may be experiencing cash flow pressures. However, the increase in cash reserves offers some reassurance. The diverse range of services—from laundry equipment to piano restoration—indicates a company willing to adapt and explore new opportunities, although it remains to be seen if this diversification will ultimately prove successful.

Registered in England/Wales under the registration number 10288532, with a registered address at PR2 5BQ, England, Preston, Lancashire, Ground Floor Citygate, Longridge Road.

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