Wicks Limited

Wicks Limited, based in Cannock, UK, is a small, active company established ten years ago in 2015. It employs just one person and holds £1,838 in assets, operating from a real address within the Wynns Venture Centre. Run by a single director and owner, Wicklen Richard, the company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import activity recorded a year ago. The company operates within the other engineering activities industries.

Wicks Limited provides precision machining services, catering to various sectors throughout the UK. Its website highlights a range of services, including batch production, prototype development, CNC turning, milling, and additive manufacture. The company emphasizes its ability to tailor solutions to specific client needs, offering high-quality components and competitive pricing. A gallery showcases past projects, while testimonials from valued clients attest to cost-effective precision machining solutions. The website also features FAQs and details about current job vacancies.

Financially, Wicks Limited presents a mixed picture. Accumulated depreciation on computer equipment increased slightly, while motor vehicle depreciation remained steady. Bank borrowings decreased significantly, dropping to £10,000, and creditors fell by 43% to £12,000. However, current assets plummeted 86%, leaving just £1,800, and net assets are at -£8,300. Trade debtors also decreased significantly. Despite meeting two of the three criteria to be considered a small company, the substantial decline in equity and current assets suggests a period of financial strain. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. It’s possible the company is burning through money, but further investigation is needed.

Registered in England/Wales under the registration number 09399730, with a registered address at WS11 0XL, England, Cannock, Unit 7 Wynns Venture Centre, Broad Street.

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