Welch Fencing Limited

Welch Fencing Ltd from Preston UK: a small, active company founded seven years ago, employs 41 people, and holds £2,729,206 in assets. It operates from a virtual address—registered at a location shared by 182 other companies—and is led by four directors, including the solo founder, Neil Michael Welch. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 574 reviews. They regularly import iron and steel, with the last import operation occurring in September 2024.

The company’s website showcases a wide range of fencing supplies, from garden fence panels and concrete posts to timber gates and composite fencing. They cater to both the public and trade customers, offering nationwide delivery and a “buy direct” promise to cut costs. The site highlights their family-run business, British craftsmanship, and extensive product range. They even offer a fence calculator to help customers determine their needs.

Financially, Welch Fencing Ltd presents a mixed picture. Cash reserves increased by 20%, reaching £2,300,000, which is good news. However, bank borrowings surged by 430%, jumping to £11,000—a significant increase. Trade debtors rose by 25%, reaching £370,000, suggesting potential delays in customer payments. On the positive side, creditors decreased by 41%, falling to £250,000, indicating improved debt management. The company’s small size—meeting two of three criteria for a small company—helps with agility. The accounts are unaudited, likely due to the small company exemption.

It seems Welch Fencing Ltd is experiencing some growing pains, with increased borrowing potentially offsetting the strong cash position. The company's online presence and positive customer reviews suggest a solid foundation, but careful financial management will be key to its continued success.

Registered in England/Wales under the registration number 11222861, with a registered address at PR2 2YH, England, Preston, Lancashire, Chandler House 7 Ferry Road Office Park, Riversway.

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