Windcrest Liftbits Limited

Windcrest Liftbits Ltd, based in Wembley, UK, is a small, active company established 23 years ago. With two employees and £2,357,940 in assets, it operates from a real address and is overseen by three directors and one owner. Its Google rating sits at 3.0 based on just two reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with recent import activity recorded just two months ago.

The company’s website showcases a diverse range of products, primarily focused on industrial intercom systems and associated accessories. It offers auto-diallers, fire-fighting systems, evacuation intercoms, inductive loops, and refuge help points. The site also features a section dedicated to bespoke systems and spares for various ranges, alongside downloadable manuals and drawings. It seems to cater to a niche market, likely serving industrial and commercial clients requiring specialized communication solutions. The presence of a "GSM Range" and "VoIP Range" suggests an adaptation to modern communication technologies.

Financially, Windcrest Liftbits Ltd presents a mixed picture. While cash bank holdings have seen a dramatic 900% increase to £1,700,000, other areas show concerning trends. Accrued liabilities have risen by 130% to £1,800, and creditors have increased significantly by 160% to £1,100,000. Debtors have decreased slightly, but the substantial rise in liabilities suggests the company is relying more on credit. Equity has doubled to £1,300,000, which is a positive sign, but the increased borrowing could indicate a need for working capital. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, which is typical for small companies.

Overall, Windcrest Liftbits Ltd seems to be experiencing a period of rapid growth, evidenced by the substantial increase in cash reserves. However, the rise in liabilities and borrowing suggests the company may be burning through money like a startup, and needs to manage its debts carefully. The reliance on credit and the lack of a clear profit picture warrants closer monitoring, though its niche market and specialized product offerings could provide a buffer against broader economic pressures.

Registered in England/Wales under the registration number 04414292, with a registered address at HA0 1NR, England, Wembley, Unit 28a Abbey Manufacturing Estate, Mount Pleasant.

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