Westcotec Limited

Westcotec Ltd from Dereham UK is a small holding company with an active status, founded 24 years ago. The company employs 22 people and holds £1,749,541 in assets. It has a real address, five directors, and one owner, and boasts a perfect 5.0 Google rating based on two reviews. Westcotec is a regular importer of electrical machinery and equipment, with 10 months of import activity recorded.

The company’s website highlights its focus on intelligent traffic safety and smart city solutions. Westcotec thrives on innovation, producing traditional LED signs alongside specialist devices like flood warning and collision avoidance systems. They manufacture in their Norfolk factory, utilizing high-quality materials and components, and even offer custom solutions for clients across Europe, Asia, and the Middle East. Notably, Westcotec became employee-owned in 2018 and holds CE, UKCA, and UKNI marks for its products. Their product range includes air quality monitoring systems, collision avoidance systems, and variable message signs.

Financially, Westcotec Ltd shows a mixed picture. Cash bank on hand increased dramatically by 180% to £550,000, which is a positive sign. However, creditors have risen significantly by 69% to £480,000, suggesting potentially increased short-term liabilities. Current assets have increased by 20% to £1,700,000, while net assets increased by 1.6% to £2,600,000. Property plant and equipment remained relatively stable, with a slight decrease of 0.3%. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the increase in creditors warrants attention. There is no auditor mentioned, which is common for small companies.

Overall, Westcotec Ltd appears to be a stable, innovative company, though the rise in creditors suggests a need for careful financial management.

Registered in England/Wales under the registration number 04208260, with a registered address at NR19 1TE, England, Dereham, Norfolk, 34 Bertie Ward Way, Rash's Green Ind Est.

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