Wcm Europe Ltd

WCM World Class Manufacturing, based in Basildon, UK, is a sizable company operating as a holding entity with an active status. Incorporated nineteen years ago in 2005, it employs 167 people and holds £13,102,296 in assets. The company, which has five directors and one owner, maintains a real address and boasts a respectable Google rating of 4.0 based on six reviews. WCM regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made in 2016, and exports vehicles, parts, and accessories (excluding trains and trams), with the last export operation also made in 2016.

The company’s website showcases a diverse range of services centered around automotive manufacturing. WCM offers design, prototyping, tooling, production, assembly, and finishing services, catering to leading global brands. It specializes in producing automotive systems, interior assemblies, and even intricate decorative parts. The website highlights a commitment to rapid prototyping and low-volume production, utilizing state-of-the-art manufacturing processes. It's clear WCM isn's purely an e-commerce operation; instead, it’s a business-to-business (B2B) provider of manufacturing solutions.

Financially, WCM’s report paints a mixed picture. While administrative expenses increased by 16% to £6.5 million, reflecting potential growth investments, some concerning trends emerge. Accrued liabilities and deferred income rose by 26% to £220,000, and accumulated amortisation impairment intangible assets doubled to £160,000—a significant jump. Bank borrowings also increased substantially, reaching £100,000, and cash reserves declined by 58% to £110,000. However, the company's net assets increased by 7.4% to £5.2 million, and trade debtors increased by 30% to £7.8 million, which could indicate increased sales. The average number of employees grew by 22% to 200, suggesting expansion. The company’s audit firm, Ensors Accountants LLP, hasn’t reported any issues, but the increased liabilities and decreased cash reserves warrant closer monitoring. It seems the company is investing in growth, but it's important to see if these investments translate into sustained profitability.

Registered in England/Wales under the registration number 05551941, with a registered address at SS15 6TD, United Kingdom, Basildon, Essex, Innovation House One Juniper West, Fenton Way.

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