Wenbar Limited

Wenbar Ltd, based in Chelmsford, UK, is a sizable holding company with an active status, having operated for 18 years. Employing 94 people and boasting assets of £6,489,972, the company functions as a manufacturer of retail display systems, furniture, and other related products. It has two directors and one owner, and currently holds a 3.0-star Google rating based on four reviews. The company regularly imports and exports furniture, lighting, and prefabricated buildings, with import activity spanning 10 months and export activity spanning 38 months.

The company's website highlights a comprehensive design and production process, from initial briefing to final installation. It emphasizes a collaborative approach, working closely with clients to create bespoke retail environments. The site showcases a range of products, including FSU’s, gondola ends, and window sets, and details the company's facilities, which include CNC cutting, laser engraving, and a dedicated project management team. It's clear that Wenbar Ltd strives to offer a full-service solution for retail display needs.

Financially, Wenbar Ltd’s report reveals a mixed picture. While cash reserves increased by a significant 89%, reaching £1.5 million, net assets increased by 50% to £2.7 million. However, administrative expenses increased by 9.4% to £4.4 million, and bank borrowings decreased by 29% to £250,000. Creditors also decreased by 17% to £4.2 million. The company's size (meeting two of three criteria for a large company: turnover over £36 million, balance sheet total over £18 million, and over 250 employees) suggests a robust operation, but the increase in administrative expenses warrants further scrutiny. The accounts are audited by Rickard Luckin Limited.

The company’s focus on design and manufacturing, coupled with its financial performance, indicates a stable, albeit potentially challenged, business. It's likely that the increase in administrative costs is related to ongoing investments in facilities and personnel to support its growing client base.

Registered in England/Wales under the registration number 06034193, with a registered address at CM3 6SQ, Chelmsford, Essex, Great Hayes Business Park Lower Burnham Road, Stow Maries.

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