Westwood Cylinder Liners Limited

Westwood Cylinder Liners Ltd, based in Droitwich, UK, is a small, active company established 20 years ago. With four employees and £952,106 in assets, it’s a solo-founded operation led by a single director and owner. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 24 months of import activity and 21 months of export activity recorded.

The company specializes in the manufacture and distribution of engine cylinder liners, keeping over 30,000 liners in stock and offering bespoke manufacturing services. Its customers range from engine reconditioners and rebuilders to OE manufacturers and even agricultural and marine specialists. Liners find their way into vehicles of all ages, from historic saloons to modern rally cars. The business operates from a real address, Unit 3 George Baylis Court, and has a dedicated website showcasing its products and services.

Financially, Westwood Cylinder Liners Ltd shows a mixed picture. Current assets increased by a modest 4.2% to £950,000, while net assets grew by 5.7% to £840,000. However, bank borrowings increased significantly by 82%, reaching £130,000, and trade debtors decreased by 32%, suggesting a potential challenge in collecting payments. Creditors increased by 35%, which could be due to increased stock purchases. The company meets two of three conditions to be classified as a small company, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Westwood Cylinder Liners Ltd seems to be holding its own, though the increased borrowing and decrease in debtors might be something to keep an eye on. The company’s niche focus and established customer base suggest a solid foundation, but continued monitoring of its financial health is advisable.

Registered in England/Wales under the registration number 05362158, with a registered address at WR9 9RB, Droitwich, Worcestershire, 3 George Baylis Court, George Baylis Road.

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