West Midlands Industrial Supplies Ltd

West Midlands Industrial Supplies Ltd, based in Stourbridge, UK, is a small, active company founded 14 years ago. With three employees and £125,694 in assets, it operates from a virtual address, managed by one director and one owner. The company is irregular importer of electrical machinery and equipment (2 months imported), and a regular exporter of the same (4 months exported).

The business appears to focus on manufacturing, specifically operating in the “other manufacturing n.e.c.” industries. Its website is currently unavailable, so it's impossible to determine if it operates an e-commerce platform or relies on traditional sales channels.

Financially, West Midlands Industrial Supplies Ltd presents a mixed picture. Current assets have decreased by 15% to £130,000, while net assets and liabilities remain stable at £110,000. Bank borrowings have decreased significantly, dropping 47% to £43,000, and cash reserves have also fallen by 13% to £4,300. Creditors have been reduced by 30%, suggesting improved debt management. The company’s size—meeting two of three criteria for a small company—allows for agility, but the decline in assets could indicate tightening margins. The lack of an auditor mentioned suggests the company is exempt from an audit.

The company’s irregular import activity and regular export activity, despite the limited timeframes, suggest a focus on specific electrical machinery and equipment, potentially catering to a niche market. The drop in cash reserves, however, warrants attention, and the company may be burning through money.

Registered in England/Wales under the registration number 07465639, with a registered address at DY8 3QG, England, Stourbridge, First Floor Unit 2 St James Court Bridgnorth Road, Wollaston.

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