William Richards Sash Windows Ltd

William Richards Sash Windows Ltd, based in Telford, UK, is a small, holding company with an active status. Established just four years ago in December 2020, the company employs nineteen people and holds £795,446 in assets. With two directors and one owner, it maintains a perfect 5.0 Google rating from eight reviews, a testament to its customer service. The firm regularly imports wood and wood products, with ten months of import activity recorded, the latest in October 2024.

The company operates in the specialised construction activities industry, focusing on window installation services throughout England. It’s a private limited company registered in England and Wales, with a real registered address at Stafford Park 4, Telford. The address is probably real as only one company registered at the same address. 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 employees less than 50.

Financially, William Richards Sash Windows Ltd shows a mixed picture. Cash bank on hand increased by a significant 77%, reaching £240,000, which is good news. However, creditors have risen substantially, increasing by 580% to £200,000 within a year, and a further 39% to £500,000 in the last year. Trade debtors have also ballooned, increasing by 430% to £25,000. On the positive side, retained earnings have grown by 130%, reaching £250,000. The increase in average employees during the period is also noticeable, growing by 32% to twenty-five. While the company’s net assets liabilities have increased by 130% to £250,000, the significant rise in creditors suggests it may be relying on credit to manage its operations. With no auditor mentioned, the figures are unaudited, which is common for small companies. It's a bit odd that the company has been burning through cash, but the increase in retained earnings is a positive sign.

Registered in England/Wales under the registration number 13097715, with a registered address at TF3 3BA, England, Telford, Unit C3, Development 2, Stafford Park 4.

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