Welding And General Parts Limited
- Small
- Active
- 25 years
- 1 employee
- £11,978 (assets)
- Real address
- 2 directors
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Welding And General Parts Limited is a small, active company based in Northamptonshire, UK, established 25 years ago in 1999. It operates from a real address and employs just one person, holding £11,978 in assets. The company is managed by two directors and has one reported owner. It’s a tight-knit operation, and the business operates in the retail sale via mail order houses or via internet industries.
The company's website suggests a focus on parts and supplies for welding and general engineering. While the site isn't a fully developed e-commerce platform, it lists a range of products and provides contact information. It seems the company caters to a B2B audience, supplying businesses with the tools and materials they need.
Financially, Welding And General Parts Limited presents a mixed picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has significantly decreased, falling by 45% to -£25,000. Cash reserves have also taken a hit, declining 72% to just £360. Bank overdrafts, however, have increased by a substantial 180%, reaching £410—suggesting a need for short-term financing. Creditors have also risen by 24%, to £37,000. The company’s net current assets are negative, at -£25,000. There’s no auditor mentioned, which is common for small, exempt companies.
The sharp decline in equity and cash reserves could indicate increased operating expenses or slower sales. The rise in bank overdrafts suggests the company is relying on short-term borrowing to manage its cash flow. However, the decrease in creditors suggests improved debt management. The company’s small size allows for agility, but the financial pressures require close monitoring.
Registered in England/Wales under the registration number 03882846, with a registered address at NN7 4SH, Northamptonshire, The Old Dairy Farm, Upper Stowe.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Holland Mark
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Corporate
- Hallett And Associates
- 22 years
-
Resident of United Kingdom
-
Individual
- Holland Mark
- 25 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-11-22 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 6 pages pdf report
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Confirmation statement made on 2023-11-22 with no updatesDownload 3 pages pdf report
FAQ about Welding And General Parts Limited
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