Welmac Uk Ltd

Welmac UK Industrial Machinery For Wood Processing is a small, active company based in Welbourn, Lincolnshire, UK. Founded nineteen years ago in 2006, it employs just two people and holds £37,128 in assets. With a real registered address and three directors, it’s a relatively compact operation. The company is a regular importer of machinery, boilers, and mechanical appliances, with parts imported for four months, the last activity recorded in June 2022.

The company 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 and acts as a main dealer for other quality manufacturers. The website showcases a wide range of machinery, including pallet shredders, wood chip conveyors, tub grinders, and vibrating deck screens, alongside used equipment and spare parts. The company has been established in supplying recycling machinery for 15 years.

Financially, Welmac UK Ltd has experienced some significant shifts. Cash bank holdings have fallen sharply, decreasing by 74% to just £24,000. Current assets have also dropped considerably, falling 66% to £37,000. Trade debtors have decreased by 73%, which could indicate improved collection of payments, or perhaps a reduction in sales. Equity has also declined, dropping 59% to £44,000. Liabilities have increased, with creditors rising by 9.6%. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small entity, the accounts are unaudited and likely rely on director-reported data.

While the company's machinery offerings seem robust, the financial data suggests some challenges. The decline in cash and assets, coupled with increased liabilities, raises questions about its financial health. Whether the company can maintain its position in the recycling machinery market remains to be seen.

Registered in England/Wales under the registration number 05766291, with a registered address at LN5 0QL, Lincoln, Holme Close, Main Road, Welbourn.

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