Wedi Systems (uk) Limited

Wedi Systems (uk) Limited, based in Manchester, UK, is a small, holding company with an active status. Established 29 years ago in 1996, the company employs 11 people and holds assets totaling £1,538,165. It operates from a real address and is overseen by two directors and one owner, boasting a perfect 5.0 Google rating based on three reviews. The company regularly imports plastics and plastic products, with 115 months of import activity recorded.

The company's website reveals a focus on providing comprehensive solutions for modern bathrooms and wet rooms. It targets various customer groups, including private individuals, installers, architects, planners, and specialist retailers. Wedi offers a wide range of products, from modular bathroom concepts and shower systems to design elements and system accessories. It also provides services such as dealer searches, training events, and technical consultations. The website highlights the company's commitment to innovation, quality, and sustainability, and showcases its partnerships with other industry leaders.

Financially, Wedi Systems (uk) Limited shows some concerning trends. While the company’s assets are substantial, current assets have decreased by 18%, dropping to £1,500,000. Cash reserves have also fallen significantly by 37%, now standing at £630,000. Trade debtors have increased by 15%, reaching £590,000, which could indicate issues with customer payments. On the positive side, creditors have decreased by 45%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the drop in cash reserves warrants attention. The lack of an auditor mentioned likely stems from its status as a small company, meaning the figures are unaudited.

Overall, Wedi Systems (uk) Limited appears to be a well-established importer and supplier of bathroom solutions, but its recent financial performance indicates a need for careful monitoring and potentially adjustments to its business strategy.

Registered in England/Wales under the registration number 03143186, with a registered address at M41 7LY, Manchester, Unit 4 Mercury Park, Mercury Way, Urmston.

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