Waterstons Limited

Waterstons Ltd from Durham, UK, is a holding company with an active status, celebrating 25 years since its founding in 1999. The company employs 271 people and holds assets valued at £9,351,534. It’s a family business with nine directors and six owners, boasting a solid Google rating of 4.0 based on 26 reviews, and operates from a real address. While it occasionally exports machinery, boilers, and mechanical appliances, its export activity is irregular, with the last operation occurring one month ago.

The company's website paints a picture of a digital consultancy and technology partner, offering services ranging from business consulting to software development and cybersecurity. It doesn't appear to be an e-commerce business, but rather focuses on providing expert advice and solutions to other businesses. The site highlights its work with various sectors, including construction, education, and manufacturing, and emphasizes its commitment to innovation and client collaboration.

Financially, Waterstons Ltd presents a mixed bag. While net assets grew by 0.66% to £6,000,000, cash reserves took a hit, decreasing by 32% to £1,100,000. Bank borrowings increased significantly, surging by 2,400% to £29,000. Creditors also rose, increasing by 9.5% to £3,800,000, and trade debtors ballooned by 13% to £8,300,000. The company's administrative expenses increased by 16% to £7,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company is audited by Sumer Auditco Limited.

These figures suggest the company is experiencing some financial pressures, perhaps due to increased investment in growth or changes in client payment patterns. However, its strong reputation and diverse range of services position it well to navigate these challenges and continue its success in the digital landscape.

Registered in England/Wales under the registration number 03818424, with a registered address at DH1 5TS, England, Durham, Liddon Court, Aykley Heads.

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