Weir Laundry Equipment Limited

Weir Laundry Equipment Limited, based in Chepstow, UK, is a small, active family business established nineteen years ago. With six employees and £1,088,529 in assets, the company operates from a real address and is overseen by three directors and two owners. They’re regular importers and exporters, bringing in machinery, boilers, and mechanical appliances – parts, and sending them out, respectively.

The company’s website, saleslaundrymachines.co.uk, highlights its role as a supplier of commercial laundry equipment. They cater to various sectors, including public sector, care homes, hotels, and equestrian facilities, offering washing machines, dryers, ironing equipment, and detergents. The site emphasizes durability, energy efficiency, and a unique 5-year service care plan, with a 7-day-a-week support team. They also offer design and planning services, showcasing a comprehensive approach to laundry solutions.

Financially, Weir Laundry Equipment Limited presents a mixed picture. While cash reserves increased by a substantial 91% to £670,000, net assets also grew by 38% to £360,000. However, bank borrowings decreased significantly, falling by 95% to just £210. Corporation tax payable jumped a whopping 1000% to £44,000, which could indicate a change in tax strategy or an unusual circumstance. Trade creditors increased by 75%, suggesting a reliance on credit from suppliers. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rise in tax liabilities warrants attention. There’s no auditor mentioned, likely due to the company’s exemption as a small entity.

The business seems to be navigating a period of change, with a strong cash position offset by increased tax obligations and reliance on trade credit. The company's continued focus on customer service and comprehensive solutions, however, suggests a commitment to long-term success.

Registered in England/Wales under the registration number 05772247, with a registered address at NP16 5QZ, Wales, Chepstow, Monmouthshire, Weir Building Bulwark Industrial Estate, Bulwark.

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