Webb-elec Limited

Webb Elec Ltd, based in Willenhall, UK, is a small, active company celebrating its 40th anniversary. Founded in 1984, it employs ten people and holds £875,730 in assets. With two directors and two owners, the company boasts a stellar 5.0 Google rating from 25 reviews, indicating strong customer satisfaction. Webb Elec is a regular importer, specializing in optical and medical tools and devices, with recent activity recorded just three months ago.

The company’s core business revolves around power transmission and geared motors, offering a wide range of products and services. Its website showcases expertise in supplying, repairing, and installing geared motors, pumps, drives, and related equipment. They cater to both OEM manufacturers and maintenance engineers, providing solutions for new machines and plant breakdowns. A key differentiator is their "one-stop shop" approach, offering product selection advice, engineering support, and repair services. They even provide preventative maintenance programs, including vibration monitoring and laser shaft alignment. Notably, they’re actively supporting the NHS, repairing and replacing equipment in hospitals across the UK. Recent additions include a dedicated servo motor repair department and a selection of panel transformers.

Financially, Webb Elec Ltd demonstrates a period of growth. Current assets increased by 14% to £880,000, while net assets jumped 54% to £1,100,000. Bank borrowings rose by 290%, reaching £25,000, and cash reserves increased 30% to £430,000. Trade debtors decreased by 2.9%, suggesting improved collection practices. Creditors also increased, but the overall trend indicates a strengthening financial position. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the increased borrowings could be a sign of investment in expansion. No auditor is mentioned, which is typical for a small, exempt company. Overall, Webb Elec Ltd appears to be a financially stable and well-regarded business, poised for continued success in its specialized field.

Registered in England/Wales under the registration number 01860287, with a registered address at WV13 2PY, Willenhall, West Midlands, Unit 27, Owen Road.

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