Willenhall Commercials Limited

Willenhall Commercials Limited, based in Willenhall, UK, is a small, active company established sixteen years ago in 2009. Employing nine people and boasting a real registered address, it’s a family-run business with three directors and two owners. The company specializes in the sale of other motor vehicles, with a focus on used trucks and commercial vehicles, both for export and the domestic market. Its website highlights a diverse inventory, including Scania, DAF, MAN, and Volvo Trucks, and offers services like truck exports and finance options. It even has a section on piano restoration, which is a bit of a surprise!

The company operates as an irregular importer, bringing in vehicles, parts, and accessories for a short period, with the last import recorded two years ago. However, it’s a regular exporter, shipping these same items for a substantial 188 months, with the latest export taking place just last month. The website emphasizes experience in shipping vehicles worldwide, catering to customers looking for quality used trucks at competitive prices.

Financially, Willenhall Commercials Limited shows a mixed picture. While bank cash dropped significantly by 34% to £800,000, creditors decreased by 25% to £260,000, suggesting improved debt management. Interestingly, trade debtors increased by a whopping 180% to £240,000, which could indicate expanding credit terms or potential payment delays. Equity remained steady at £2, and property, plant, and equipment saw a 30% increase to £420,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants attention. No auditor is mentioned, likely due to its small company status, so the figures are unaudited.

Overall, Willenhall Commercials Limited appears to be navigating a period of change. While export activity remains strong, the fluctuating financial figures suggest a need for careful monitoring and potentially adjustments to its business strategy.

Registered in England/Wales under the registration number 06834853, with a registered address at WV12 4LF, Willenhall, West Midlands, The Weighbridge, Ashmore Lake Way.

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