Wellcom Fire And Security Ltd

Wellcom Fire And Security Ltd, based in Chelmsford, UK, is a small, active family business founded eight years ago. With seven employees and £575,201 in assets, the company operates from a real address and is managed by four directors and three owners. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation recorded a year ago.

The company's website showcases a comprehensive range of fire and security solutions, targeting both residential and business clients across Essex and London. Services include intruder alarms, CCTV systems, access control, fire detection, and air aspiration, all offered with installation, repair, and maintenance options. The website emphasizes a “trusted” reputation, highlighting customer testimonials and a commitment to “friendly and professional service.” It's clear that Wellcom Fire and Security operates primarily as a service provider, facilitating sales through consultation and site surveys rather than direct e-commerce.

Financially, Wellcom Fire and Security Ltd shows some encouraging trends. Cash bank on hand increased by 37% to £310,000, while current assets grew by 77% to £580,000. However, creditors also surged by 120%, reaching £230,000, and property, plant, and equipment increased significantly, rising 250% to £40,000. The number of employees increased by 57% to 11, which could be a sign of growth but also increased operational costs. Despite a 67% increase in net assets to £380,000, the company's reliance on trade debtors, which ballooned by 170% to £270,000, suggests a need to monitor cash flow. The company is exempt from an audit, so the figures are unaudited. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees).

Registered in England/Wales under the registration number 10333033, with a registered address at CM1 2QE, England, Chelmsford, Unit 39 Waterhouse Business Centre, Cromar Way.

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