Wheeler Roofing Services Limited

Wheeler Roofing Services Ltd, based in Truro, UK, is a small, active holding company established twelve years ago. Employing twenty-seven people and operating from a virtual address (shared by 104 other companies), the company is led by two directors and one owner. It holds a respectable Google rating of 4.0 based on ten reviews. The company primarily focuses on roofing services, importing stone, plaster, and cement irregularly, with the last import occurring over two years ago.

The company’s website highlights a comprehensive range of roofing services, from slate and tile reroofing to flat roofing and leadwork. It caters to both domestic and commercial clients across Cornwall, emphasizing high-quality workmanship, guarantees, and customer satisfaction. The website also features a portfolio showcasing completed projects, including work on Duchy of Cornwall properties and various schools. Wheeler Roofing Services operates from a business park in Truro and offers services throughout Cornwall, from Plymouth to Lands End.

Financially, Wheeler Roofing Services Ltd presents a mixed picture. While cash reserves increased by 5.3% to £200,000, trade debtors decreased significantly by 37% to £220,000. Creditors also saw a decline, falling by 11% to £480,000. The company’s net assets increased substantially by 300% to £290,000, largely driven by retained earnings. Bank borrowings decreased, with overdrafts falling by 39% to £16,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant decrease in debtors could indicate challenges in collecting payments. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

Registered in England/Wales under the registration number 08201662, with a registered address at TR1 2NA, Truro, Cornwall, Lowin House, Tregolls Road.

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