W C Maunders Limited

W. C. Maunders Limited, a family-run builders merchant and DIY supplies store based in Cheddar, Somerset, UK, is a small, active company with a rich history spanning 73 years. Founded in 1952, it employs 14 people and holds £617,987 in assets. Boasting a perfect 5.0 Google rating from 179 reviews, the company is a cornerstone of the local community, with three directors and two owners guiding its operations.

The company’s roots trace back to the mid-1940s when the father of the current owners, a carpenter by trade, started a building company. Gradually transitioning to retail, it established itself as Cheddar’s first builders merchant and DIY supplies store. The business has since expanded, offering a wide range of products and services, including delivery, glass cutting, timber and board cutting, key cutting, bottle gas supply, and account facilities. The website highlights a commitment to quality and customer service, with a focus on British craftsmanship and a welcoming atmosphere.

Financially, W. C. Maunders Limited presents a mixed picture. While current assets remained steady at £620,000, debtors significantly decreased by 22%, dropping to £52,000. This could indicate improved collection practices or a shift in sales terms. However, net assets declined by 3.2%, settling at £470,000, and cash bank on hand decreased by 2.9%, falling to £170,000. Interestingly, creditors increased by 8.9%, reaching £150,000, and other creditors grew by 25% to £7,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the slight dip in equity warrants attention. The unaudited accounts, likely exempt due to its size, rely on director-reported data.

Overall, W. C. Maunders Limited appears to be a stable, well-regarded business, though the slight decline in equity and cash reserves suggests a need for careful financial management. The company’s long history and strong local reputation position it well for continued success, but keeping an eye on these trends will be important.

Registered in England/Wales under the registration number 00506600, with a registered address at BS27 3AY, Somerset, 34 Barrows Road, Cheddar.

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