Welbourn Machinery Ltd

Welbourn Machinery Ltd, based in Lincoln, UK, is a small, active company founded two years ago. With just one employee and £61,591 in assets, it’s a solo-founder operation managed by two directors. The company, which has a real address, regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last three months. It’s a small business, meeting two of three criteria to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company's website, Welmac UK, specializes in equipment for high-volume processing and recycling of wood, green waste, soil, aggregates, and other materials. It manufactures the “Angry Beaver” range of pallet shredders in Great Britain, utilizing local sources and suppliers. It also acts as a main dealer for other quality manufacturers, bringing their products to the UK market. The website details a wide range of machinery, including pallet shredders, wood chip conveyors, and vibrating deck screens, and even offers used equipment.

Financially, Welbourn Machinery Ltd shows a mixed picture. Current assets increased by 32% to £62,000, while net assets grew by 67% to £27,000. However, cash bank on hand decreased by 15% to £22,000, and trade debtors jumped by a significant 1300% to £34,000. Liabilities also increased, with creditors up 5.1% to £17,000. The company's small size and solo founder status suggest agility, but the surge in trade debtors could indicate challenges in collecting payments. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned. It seems the company is doing well, but perhaps needs to keep a closer eye on cash flow.

Registered in England/Wales under the registration number 14127919, with a registered address at LN5 0QJ, England, Lincoln, Lincolnshire, Unit 2 Welbourn Machinery Ltd, Cliff Road, Welbourn.

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