West Coast Controls Limited

West Coast Controls Ltd from Glasgow UK is a small, active company founded 35 years ago, in 1989. It employs 34 people and holds £1,788,477 in assets. With three directors and two owners, the company operates from a real address and regularly imports electrical machinery and equipment—11 months of import activity were recorded, with the most recent in August 2024.

The company’s website is not available, so it’s difficult to understand their business model. However, they operate in the manufacture of other electrical equipment industries. They are a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, West Coast Controls Ltd shows some concerning trends. Accumulated depreciation impairment property plant equipment decreased by 11%, with land and buildings, while plant and machinery decreased by 6.6%. Cash bank on hand remained steady at £1.2 million, but creditors jumped by a significant 65%, reaching £820,000. Trade debtors also increased by 21%, to £560,000. Equity, however, took a hit, dropping by 7.9% to £1.2 million. Net current assets and liabilities decreased by 18%, to £970,000.

The increase in creditors and debtors, coupled with the drop in equity, suggests the company may be facing cash flow challenges. While the steady cash reserves provide some buffer, the trend warrants attention. The company is exempt from an audit, so the figures are unaudited. The increase in the number of employees reported, from 34 to 38, could indicate expansion, but it also increases operational costs. Overall, West Coast Controls Ltd appears to be navigating a period of change, and it's important to monitor its financial performance closely.

Registered in Scotland under the registration number SC120849, with a registered address at G62 7LW, Glasgow, Unit 1 Cadder House Bleachfield, Milngavie.

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