Winster Limited

Winster Ltd from Willenhall UK is a small, active company founded 33 years ago, in 1992. Employing six people, it holds £1,226,752 in assets and operates from a real address. With two directors and one owner, Winster Ltd runs an e-commerce site and regularly imports and exports rubber and rubber products – 66 months of imports and 16 months of exports recorded. The company operates in the wholesale of other intermediate products industries.

While small (meeting two of three conditions: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), Winster Ltd’s financial picture reveals some interesting trends. Current assets have decreased by 6.4% to £1,200,000, while net assets have increased slightly by 1.3% to £560,000. Bank borrowings have decreased by 7.9% to £130,000, and cash reserves have fallen by 8.3% to £18,000. Creditors have decreased by 11%, suggesting better debt management. Trade debtors have seen a significant drop of 14%, which could be a positive sign of improved collections.

The company’s financial statements are unaudited, a common practice for small companies, and no auditor is mentioned. The decrease in debtors is a good sign, but the drop in cash reserves is something to watch. It's likely that the company is investing in its business, perhaps expanding its product lines or improving its e-commerce platform. The slight increase in net assets suggests that the company is profitable, but further analysis would be needed to confirm this. The company’s small size allows it to be agile, but the changes in financial data are worth noting.

Registered in England/Wales under the registration number 02688071, with a registered address at WV13 3SF, England, Willenhall, West Midlands, Unit 36/37 Pdh Industrial Estate Neachells Lane.

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