Wessex Fixings Limited

Wessex Fixings Ltd from Andover, UK, is a small, active company founded thirteen years ago in 2012. With forty employees and £4,129,780 in assets, it operates from a real address within the Walworth Business Park. The business is led by seven directors, including Long Nicholas Yorke who is the sole owner. Wessex Fixings regularly imports iron or steel products—nineteen months of import activity recorded, with the last operation in February 01, 9025—and exports wood and wood products, with three months of export activity as of August 01, 2021.

The company’s website, wfsupplies.co.uk, positions itself as a partner for shopfitters and dryliners, offering a wide range of products from site supplies and lubricants to power tools and ironmongery. It’s clear that the business is primarily focused on B2B sales, catering to the construction and building trades. The site showcases a comprehensive product range, including everything from nuts and bolts to timber and power tools, suggesting a one-stop-shop for building professionals. There's also a section for SFS (Steel Fixing Systems), indicating a specialization in structural steelwork.

Financially, Wessex Fixings Ltd presents a mixed picture. While current assets increased by 18% to £4,100,000, net assets decreased by 5.7% to £2,000,000. Bank borrowings rose by 34%, reaching £2,900,000, and cash reserves fell 71% to £270,000. Creditors decreased by 18%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants further investigation. There is no auditor mentioned, likely due to its status as a small company.

The company’s workforce has increased by 30%, with an average of 52 employees reported, which is a significant change. The rise in trade debtors by 19% to £2,400,000 could indicate increased sales, but also potential challenges in collecting payments. Overall, Wessex Fixings Ltd appears to be navigating a period of change, with both opportunities and risks ahead.

Registered in England/Wales under the registration number 08017459, with a registered address at SP10 5AF, Andover, Hampshire, South Way, Walworth Business Park.

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