Wds Group Limited

Wds Group Limited, based in Bury, UK, is a small, active company founded fifteen years ago in 2009. Employing twenty-two people, it holds £675,430 in assets and operates from a real address on Peel Industrial Estate. The company is run by two directors, although no owners are officially listed, which is not uncommon for smaller businesses. It's an e-commerce site selling a wide range of products, and it has a solid 4.0 Google rating based on twenty-two reviews. Wds Group regularly exports plastics and plastic products, with nineteen months of export activity recorded, the latest in December 2023.

The company’s website showcases an extensive range of soft drinks, crisps, beer, and more, acting as a wholesaler to various brands like Karma Drinks, Brewdog, and Oatly. It positions itself as a family-run business offering a wide selection of products, and even has a mobile app for easier ordering. The site highlights its commitment to providing a diverse range of items and emphasizes its role in supplying retailers and businesses.

Financially, Wds Group Limited’s recent report shows some interesting trends. Cash reserves increased by a remarkable 690%, reaching £83,000, which is a positive sign. However, net assets increased by 400% to £69,000, which is a little unusual. Bank borrowings decreased by 21%, down to £17,000, suggesting improved debt management. Trade debtors decreased by 9.7%, which is also a good sign. However, creditors decreased by 15%, which is a little concerning. The company meets the criteria for being a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

Overall, Wds Group Limited appears to be navigating a period of change. The increase in cash reserves is encouraging, but the decrease in creditors warrants further investigation. The company’s focus on e-commerce and its diverse product range position it well for continued growth, but its financial health will need to be closely monitored.

Registered in England/Wales under the registration number 07048195, with a registered address at BL9 0LU, United Kingdom, Bury, Greater Manchester, Unit 38 Peel Industrial Estate, Chamberhall Street.

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