Wilfrid Smith Limited

Wilfrid Smith Ltd from Old Hatfield UK is a small, holding company with an active status, established 51 years ago. The company employs 14 people and holds assets valued at £4,963,462. While it has a registered address, it’s likely a virtual address as 110 companies are registered there. The business is overseen by four directors and one owner. Wilfrid Smith Ltd regularly imports and exports inorganic chemicals, with 299 months of import activity and 98 months of export activity recorded.

The company operates in the non-specialised wholesale trade industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website is not available, making it difficult to assess its online presence or e-commerce activities.

Financially, Wilfrid Smith Ltd shows a mixed picture. Cash at bank increased by a substantial 27%, reaching £1,700,000, a positive sign of liquidity. However, net assets remained relatively stable at £530,000. Trade debtors decreased by 2.1%, suggesting improved collection efforts, while creditors also decreased by 16%, indicating better debt management. A notable drop in total inventories—down 31%—could signal reduced stock levels or a shift in purchasing strategies. Bank borrowings decreased by 16%, which is a good sign. The company's small size helps it stay agile, but the decrease in total inventories raises questions about its ability to meet demand. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on inorganic chemical imports and exports suggests a specialized trading operation. The consistent import and export activity over many months indicates a stable customer base and supply chain. The company’s long history—spanning over five decades—is a testament to its resilience and adaptability in a competitive market.

Registered in England/Wales under the registration number 01162403, with a registered address at AL9 5BG, United Kingdom, Old Hatfield, Hertfordshire, Broad House, 1 The Broadway.

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