W E Couplings Limited
- Small
- Holding
- Active
- 23 years
- 16 employees
- £916,224 (assets)
- Real address
- 3 directors
- 1 owner
- Irregular importer
- Regular exporter
- Rating 5.0 (5)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
W E Couplings Limited, based in Chorley, UK, is a small holding company with an active status, having been incorporated 23 years ago in July 2001. The company employs 14 people and holds assets worth £1,038,516. It operates from a real address and is managed by three directors and one owner. Google users rate it a perfect 5.0 based on five reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with the last import operation occurring in September 2024, and a regular exporter of iron or steel products, with the last export operation in February 2025.
The company’s core business revolves around cold forming, machining, manufacturing tubes, pipes, and related fittings of steel, as well as repairing fabricated metal products. While the website doesn's provide much detail, it's clear that W E Couplings Limited focuses on industrial components and services. It seems to be a B2B operation rather than an e-commerce site, with no online sales platform visible.
Financially, W E Couplings Limited shows some concerning trends. Current assets have decreased by 16%, dropping to £1,000,000, while net assets have also fallen by 12%, reaching £1,000,000. Bank borrowings have increased significantly, and cash reserves have declined by 21%, sitting at £300,000. Trade debtors have plummeted by 70%, suggesting difficulties in collecting payments, and creditors have decreased by 45%, which is a positive sign. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity raises questions about its long-term financial health. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.
The company’s average number of employees has increased by 14%, to 16, which could be a response to increased demand or a strategic move to expand operations. Overall, W E Couplings Limited appears to be navigating a period of change, with both challenges and opportunities ahead.
Registered in England/Wales under the registration number 04260491, with a registered address at PR6 9HL, England, Chorley, Units 2 & 3b Grimeford Lane, Anderton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
-
Individual
- 19 years
- 4
-
Resident of United Kingdom
-
Individual
- 23 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
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Total exemption full accounts made up to 2024-10-31Download 11 pages pdf report
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Confirmation statement made on 2025-02-21 with no updatesDownload 3 pages pdf report
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Director's details changed for Peter Hart on 2025-02-21Download 2 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about W E Couplings Limited
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