Westfast Limited

Westfast Ltd from Glasgow, UK, is a small, family business established 19 years ago, currently active and employing seven people. The company holds £1,807,350 in assets and operates from a virtual address, registered at 70 West Regent Street, which is shared by 29 other companies. It’s managed by two directors and two owners, the latter being Weston David and Weston Karen. Regular importer of iron or steel products (212 months imported), Westfast Ltd operates in the manufacture of fasteners and screw machine products industries.

The company’s website, saleswestfast.co.uk, showcases a broad range of products, including fasteners, fixings, and agricultural supplies. It emphasizes a dedicated team with extensive industry knowledge and established links with manufacturers, promising efficient delivery times and bespoke product options. The site also introduces the Westfast team, highlighting their experience and expertise—including a Managing Director with an engineering background and a Sales Manager with 40 years of industry experience.

Financially, Westfast Ltd demonstrates a mixed picture. While current assets increased by 18% to £1,800,000, net assets only grew by 2.6% to £970,000. Cash bank on hand saw a dramatic increase of 1,300% to £120,000, a positive sign. However, creditors also increased by 37%, reaching £870,000, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the rise in creditors warrants monitoring. No auditor is mentioned, which is typical for a small, exempt company. The increase in average number of employees by 43% to 10, however, could be a sign of expansion, or perhaps a temporary staffing surge.

Registered in Scotland under the registration number SC290681, with a registered address at G2 2QZ, Scotland, Glasgow, 70 West Regent Street.

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