Westgate Coil And Processing Limited

Westgate Coil And Processing Limited, based in Walsall, UK, is a small, active company established fourteen years ago in December 2010. With four employees and £479,526 in assets, it operates from a real address and is overseen by three directors and three owners. The company is a regular importer of iron and steel, with 47 months of import activity recorded, the last operation taking place in February 2025. It’s a tight-knit operation, meeting the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Westgate Coil And Processing Limited specializes in the treatment and coating of metals, operating within a competitive industry. While a website isn't available to analyze, the company’s core business likely involves supplying processed metal components to various industrial clients. The focus on metal treatment suggests a B2B model, rather than direct consumer sales.

Financially, Westgate Coil And Processing Limited’s recent performance reveals a mixed picture. Current assets have decreased by 19%, dropping to £480,000, while net assets have also declined by 22%, settling at £240,000. Cash reserves have fallen by 5.2%, standing at £87,000. Bank borrowings have also seen a reduction, with overdrafts decreasing by 30%. Creditors have decreased by 14%, which could indicate improved debt management. Trade debtors have fallen by 21%, which is a positive sign. The company’s small size allows for agility, but the decline in equity raises questions about its long-term financial health. There's no mention of an auditor, which is common for small, exempt companies.

Overall, Westgate Coil And Processing Limited appears to be navigating a challenging economic climate. The decrease in assets and equity suggests potential pressures, but the reduction in debt and improved creditor management offers a glimmer of hope. The company’s future success will likely depend on its ability to maintain its customer base and adapt to changing market conditions.

Registered in England/Wales under the registration number 07455979, with a registered address at WS9 8BG, Walsall, Westgate House Middlemore Lane West, Aldridge.

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