Williams Tanker Services Limited

Williams Tanker Services Ltd, based in Altrincham, UK, is a sizable company with a 29-year history, currently employing 30 people. The company holds £8,599,971 in assets and generates £25,992,835 in yearly revenue, making it a holding company with an active status. It operates from a virtual address – a point to note as 1215 other companies are registered at the same location. The business is overseen by three directors and a single owner, and boasts a perfect 5.0 Google rating based on four reviews.

The company specializes in importing vehicles, parts, and accessories (excluding trains and trams), with a consistent record of 87 months of import activity. It occasionally exports similar items, with just one month of export activity recorded. While no website is provided, the company's activities suggest a focus on the tanker and trailer industry, potentially serving as a supplier or maintenance provider.

Financially, Williams Tanker Services Ltd presents a mixed picture. Accrued liabilities decreased by 18%, which is a positive sign, but bank borrowings have surged by a significant 960%, reaching £960,000. Cash bank on hand has disappeared entirely, dropping 100% to zero. Despite this, creditors have fallen by 25%, indicating improved debt management. The company meets two of the three criteria to be considered large, with turnover exceeding £36 million and a balance sheet total exceeding £18 million. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing. The sharp increase in bank borrowings, however, warrants further scrutiny and could indicate a period of investment or operational challenges. The company's continued operation despite these pressures suggests a resilient business model, but the long-term sustainability will depend on its ability to manage its debt and maintain its import and export activities.

Registered in England/Wales under the registration number 03133504, with a registered address at WA14 2DT, United Kingdom, Altrincham, Cheshire, 3rd Floor 1 Ashley Road.

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