Wessington Group Limited

Wessington Group Ltd from Aldermaston UK: a small, active company founded 26 years ago, employs seven people, and holds £4,793,634 in assets. It operates from a virtual address, managed by two directors and a single owner, who is also the solo founder. The company regularly imports and exports rubber and rubber products—61 months of imports and 38 months of exports recorded.

Wessington Group Ltd was established in 1992 in the United Kingdom and is a privately owned business. Since its foundation, the Company has also formed sister organisations in the USA (2003) and the Middle East (2007). Originally a distributor of speciality chemicals, its product range has expanded to include formulated products, finished goods, ancilliary materials, and equipment. It serves industries like construction, textiles, rubber, sealants, coatings, insulated glass, and water treatment. The company prides itself on being small and flexible, offering tailored service and comprehensive technical understanding, supported by strategically located stocks in the UK, UAE, and USA. It’s an active member of Trade Associations, gaining expertise in chemical handling and performance standards, and complies with ISO 9001:2008 quality management standards.

Financially, Wessington Group Ltd presents a mixed picture. While cash reserves have impressively increased by 330% to £670,000, current assets remained flat at £4,800,000. Bank borrowings have been completely eliminated, a positive sign, but trade debtors have significantly decreased by 15%, which could indicate slower customer payments. Net assets have grown by 4.8% to £1,600,000. Notably, the company’s average number of employees increased slightly from seven to eight. The company is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. With no auditor mentioned, the figures rely on unaudited statements. The decrease in other creditors by 43% is also a positive sign.

Registered in England/Wales under the registration number 03741435, with a registered address at RG7 8JA, England, Aldermaston, Berkshire, 4 Comet House, Calleva Park.

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