Whitehead & Wood Limited

Whitehead And Wood Ltd from Burnley UK: a small holding company with an active status, has been operating for 37 years. The company employs 18 people and holds £362,273 in assets. It’s managed by three directors and has one owner, and currently holds a 3.0 Google rating based on four reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with its last import operation occurring one month ago.

The company operates as a specialist manufacturer of product sampling solutions, creating bespoke packaging and displays for a range of materials, including flooring, blinds, and wallpaper. Their website showcases a wide array of products, from shade cards and swatch books to aperture platforms and boxed presenters, all designed to help businesses effectively present their samples to potential customers. They even offer services like disaster recovery for damaged pianos.

Financially, Whitehead & Wood Ltd’s recent performance shows some concerning trends. Current assets have fallen by 36% to £360,000, and net assets have decreased by 13% to £310,000. Bank borrowings have decreased by 44%, and cash reserves have fallen by 47% to £47,000. Creditors have also decreased by 32%, suggesting improved debt management. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The decrease in cash reserves and net assets, despite a reduction in debt, suggests the company may be burning through money, possibly due to increased operating expenses or investments in new equipment. The reduction in creditors could be a positive sign of better financial control, but the overall picture indicates a need for careful monitoring of cash flow.

Registered in England/Wales under the registration number 02229365, with a registered address at BB11 5TD, Burnley, Lancashire, Network 65 Business Park, Brindley Close.

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