Westair Reproductions Limited

Westair Reproductions Ltd from Birmingham UK: a small, family business, is active and has been around for 53 years, founded back in 1971. They employ 11 people and hold assets worth £1,241,247. With three directors and two owners, the company operates from a real address and regularly imports basic metal tools and utensils (22 months) and exports jewelry, precious stones, and metals (38 months).

The company’s core business involves non-specialised wholesale trade and holding company activities. They operate in the UK, and their website, while not detailed, suggests a focus on wholesale distribution. It's 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.

Looking at their finances, there’s a mixed picture. Property, plant, and equipment decreased by 23%, falling to £53,000. Cash reserves, however, increased by 26%, reaching £580,000—a positive sign. Trade debtors decreased significantly by 35%, which could indicate improved collections or a shift in credit policies. Bank borrowings, however, increased by 2,400%, reaching £29,000, and creditors rose by 27% to £280,000. The company’s net assets grew by 11%, reaching £1,000,000.

The sharp increase in bank borrowings and creditors, alongside the decrease in trade debtors, could suggest the company is investing in growth or facing short-term cash flow challenges. The increase in cash reserves offers some buffer, but careful management will be needed. The company is exempt from an audit as a small company, so the figures are unaudited. It’s likely the directors are working hard to manage these financial pressures.

Registered in England/Wales under the registration number 01025108, with a registered address at B11 2LQ, United Kingdom, Birmingham, 17 Seeleys Road, Tyseley Industrial Estate.

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