Winyard Engineering Limited

Winyard Engineering Ltd from Pinchbeck Spalding UK is a small, active company founded 40 years ago in 1984. Employing 19 people, the business holds £2,249,723 in assets and operates from a real address. It’s a family affair, with two directors, one owner, and a solo founder at the helm. The company regularly imports basic metal tools and utensils, and exports machinery, boilers, and mechanical appliances parts, though both activities are irregular with just one month of activity recorded for each.

The company's website showcases its expertise in bespoke food processing machinery. They offer everything from shadow boards for parts storage to liquid depositing machines and flat belt conveyor tracks, catering to a wide range of needs within the food industry. They even offer vegetable spiralizers and liquid transfer pumps. The website highlights their 45+ years in business, cost-effective solutions, and “Made in Britain” quality. Recent news items include a notice of closure due to the passing of a former director, Susan Winyard, and the introduction of a new Hasselback potato cutting machine. The website also details the company’s long-standing relationships with various clients and their commitment to providing comprehensive support.

Financially, Winyard Engineering Ltd presents a mixed picture. While net assets remain steady at £2,200,000, cash reserves have fallen by 9.1% to £1,500,000. Trade debtors have seen a significant decrease, dropping 43% to £280,000, which could indicate improved collection practices. However, bank borrowings have increased by 2,400%, reaching £29,000, and inventories have ballooned by 150% to £330,000—potentially reflecting increased stock levels. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the rise in bank borrowings and inventory levels suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Registered in England/Wales under the registration number 01840592, with a registered address at PE11 3TY, Pinchbeck Spalding, Lincolnshire, 2-3 Cresswell Close, Wardentree Lane.

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