Watts Industries Uk Limited

Watts Industries Uk Limited, based in St. Neots, UK, is a large, holding company with an active status. Established 33 years ago, the company boasts £4,094,808 in assets and generates £7,788,940 in yearly revenue. It has a real address, is managed by three directors, and owned by two individuals. With a stellar 5.0 Google rating based on one review, Watts Industries Uk Ltd is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 574 months of import activity and 224 months of export activity.

The company’s website showcases a diverse range of products and services, spanning from heat interface units and pump groups to water distribution systems and data center solutions. Watts Industries operates multiple brands, including Watts, SOCLA, Valpes, and DESBORDES, each specializing in different aspects of the HVAC, plumbing, and water management industries. It also offers services like data center optimization and BIM modeling. The website highlights case studies and projects, demonstrating the company’s expertise in various applications, from golf clubs to disaster recovery for pianos.

Financially, Watts Industries Uk Limited presents a mixed picture. While turnover remained stable, key metrics reveal some concerning trends. Cash bank on hand decreased significantly by 82%, falling to £250,000, and net assets declined 15% to £2,600,000. Creditors also decreased by 6.3%, suggesting better debt management. However, the company's bank borrowings surged by 12%, reaching £4,200,000. The company’s administrative expenses decreased by 6.3%, which may reflect cost-cutting measures. The company’s average number of employees was zero, indicating a lean operational structure. The company’s tax expenses increased by 380%, which could be due to changes in tax legislation or changes in the company’s tax position.

The company's large size, meeting two of three criteria (turnover exceeding £36 million and balance sheet total exceeding £18 million), suggests it’s a significant player in its sector. The decrease in cash reserves and increase in bank borrowings, however, could indicate a need for careful financial management. The lack of auditor details—likely due to its size—means the financial picture relies on unaudited statements.

Registered in England/Wales under the registration number 02642521, with a registered address at PE19 8YX, St. Neots, Cambridgeshire, Ambuscade Road Colmworth Business Park, Eaton Socon.

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