Westwire Harnessing Limited

Westwire Harnessing Ltd, based in Swindon, UK, is a sizable company with a 37-year history, currently employing 37 individuals. Boasting assets of £2,845,523 and a yearly revenue of £4,312,966, it’s a significant player in the electrical machinery and equipment sector. While it has a registered address, seventeen companies share this location, suggesting a virtual address. The company is active, with two directors and one owner, and maintains a stellar 5.0 Google rating based on a single review. It's a regular importer and exporter of electrical machinery, with 59 months of recorded activity in both areas.

The company’s website paints a picture of a manufacturing specialist focused on providing high-quality electrical harnesses and related services. Westwire Harnessing Ltd caters to a diverse range of industries, including aerospace, motorsport, defence, industrial, marine, rail, and even offers training programs. The website highlights a commitment to innovation, quality, and customer service, with detailed information on its capabilities and manufacturing processes. It doesn't appear to be an e-commerce site; instead, it serves as a marketing platform to showcase its expertise and attract clients.

Financially, Westwire Harnessing Ltd presents a mixed picture. While revenue has increased, so have expenses. Administrative expenses rose significantly by 37%, and bank borrowings have surged by 260%, reaching £900,000. Cash bank on hand has increased by 190%, which is a positive sign. Creditors have also increased by 130%, which could indicate increased investment in stock or expansion. The company’s net assets remain stable at £1.3 million. The increase in bank borrowings, coupled with the rise in administrative expenses, suggests the company may be investing in growth or facing increased operational costs. The lack of a mention of an auditor implies the company is exempt from a full audit, relying on unaudited financial statements. The company meets two of three conditions to be considered a large company, with turnover more than £36 million, balance sheet more than £18 million, and employees more than 250.

Registered in England/Wales under the registration number 02142617, with a registered address at SN1 4BG, Swindon, Wiltshire, Morris Owen House, 43-45 Devizes Road.

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