W E Bates Limited

W E Bates Limited, based in Southam, UK, is a small, holding company with an active status. Established 20 years ago, it employs 18 people and holds assets worth £1,826,235. The company operates from a real address and is overseen by three directors and one owner. It regularly imports iron or steel products (7 months) and exports aluminum and aluminum products (25 months).

The company’s core business revolves around the manufacture of tubes, pipes, hollow profiles, and related fittings for the steel industries. While the website is non-existent, it’s clear that W E Bates Limited is a specialist in this area. The company’s focus on steel fabrication is evident in its import and export activities, suggesting a strong connection to the wider manufacturing sector.

Financially, W E Bates Limited presents a mixed picture. Current assets have increased by 4.4% to £1,800,000, while net assets have risen 7.1% to £1,300,000. Trade debtors have decreased significantly by 15%, suggesting improved collection efforts. However, bank borrowings have also decreased by 7.7%, and total inventories have increased by a substantial 35%. 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 rise in inventories could indicate a need to manage stock levels more effectively. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company's financial data shows a pattern of growth, but also some areas of concern. While net assets have increased, the rise in inventories suggests a potential need for better stock management. The decrease in trade debtors is a positive sign, but the increase in bank borrowings could indicate a reliance on external financing. Overall, W E Bates Limited appears to be a stable, albeit small, business navigating the challenges of the current economic climate.

Registered in England/Wales under the registration number 05332144, with a registered address at CV47 2QZ, Southam, Warwickshire, Bath Meadow Gaydon Road, Bishops Itchington.

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