Westwell Developments Limited

Westwell Developments Ltd from West Kingsdown UK is a small holding company with an active status, established 44 years ago. Employing 22 people and holding assets of £1,236,511, the company operates from a real address and is overseen by three directors and one owner, boasting a stellar 5.0 Google rating from ten reviews. It's an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity occurring just one month ago.

The company’s website reveals a focus on heavy engineering services, encompassing fabrication, 3D CAD design, stainless steel fabrication, installation, and workshop machining. It provides a wide range of services, including CNC turning, milling, and rolling, as well as insitu engineering and coded welding. The business caters to diverse industries, including power stations, oil and gas, zoos, pharmaceuticals, renewables, construction, agriculture, paper and steel, subsea oil and gas, metal recycling, and theme parks. It even offers transportation and installation of plant and machinery.

Financially, Westwell Developments Ltd presents a mixed picture. Current assets have decreased by 27% to £1,200,000, while net assets have fallen by 1.5% to £2,100,000. Bank borrowings have remained stable, but cash reserves have plummeted 96% to just £2,700. Trade debtors have also declined significantly, by 49%, suggesting potential difficulties in collecting payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no mention of an auditor, likely due to its small size.

Despite the decline in assets, the company’s long-standing presence and broad range of engineering services suggest resilience. However, the sharp drop in cash reserves warrants close monitoring, and it’s unclear if the company is facing short-term cash flow challenges or if this is part of a longer-term trend.

Registered in England/Wales under the registration number 01558352, with a registered address at TN15 6ER, West Kingsdown, Sevenoaks Kent, John D Hotchkiss Ltd, Main Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.