West Country Concrete Products Limited

West Country Concrete Products Limited, based in Holsworthy, UK, is a small, active company founded fifteen years ago in 2009. Employing thirty-six people and holding assets of £1,291,066, it operates from a real address and is managed by one director and one owner, who is also the solo founder. The company has a Google rating of 3.0 based on five reviews. It regularly imports machinery, boilers, and mechanical appliances, with parts imported for four months, the last operation occurring in November 2024.

The company manufactures concrete products for construction purposes. It’s a small business, meeting two of the three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than fifty employees. Its website is not available, so it’s unclear if it operates an e-commerce platform.

Financially, West Country Concrete Products Limited shows a mixed picture. Cash bank on hand decreased by 54%, dropping to £35,000. Bank borrowings increased by 60%, reaching £92,000, and current assets rose 12% to £1,300,000. However, net assets declined by 13%, falling to £1,300,000. Profit loss plummeted by 95%, resulting in a mere £11,000. Creditors increased by 9.2%, reaching £740,000, and trade debtors decreased by 32%, falling to £380,000. The company’s director remuneration decreased by 20%. The accounts are unaudited, likely due to its small size.

While the company’s assets are substantial, the sharp decline in profits and the increase in borrowings suggest it might be burning through cash. It's possible that increased material costs or a slowdown in construction activity are impacting its bottom line. The lack of an online presence and the absence of an auditor’s report make it difficult to assess the company’s long-term health, but it appears to be facing some financial pressures.

Registered in England/Wales under the registration number 06987338, with a registered address at EX22 7HH, England, Holsworthy, Devon, West Country Concrete Products Ltd, Off Andigestion Lane.

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