Wipemaster Limited

Wipemaster Ltd from Loughborough, UK, is a small, active company founded 14 years ago. Employing just two people, it holds £1,858,923 in assets and operates from a real address, managed by two directors and a single owner. The company is a regular importer, primarily sourcing textile padding, felt, nonwoven fabrics, special yarns, and ropes and cables – with 14 months of import activity recorded, the last in March 01, 2025.

The company’s website showcases a specialized business: providing industrial cleaning and chemical products, particularly through its range of Wipemaster wet wipes and low-lint wipers. These are marketed for engineering and aerospace applications, offering a safer alternative to traditional solvents. The site details a tub dispensing system, emphasizing ease of use and environmental benefits. They also offer solutions for piano restoration and disaster recovery.

Financially, Wipemaster Ltd shows a mixed picture. Current assets increased by 6.9% to £1,900,000, while net assets grew by 7.2% to £1,700,000. However, cash bank on hand decreased by 9.3% to £410,000. Creditors rose by 3.1% to £170,000, and other creditors jumped significantly by 48,000% to £88,000 – a rather large increase. Debtors also increased by 12% to £1,300,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s small size helps it remain agile, but the increase in creditors and decrease in cash raise questions about its immediate financial health.

Registered in England/Wales under the registration number 07341948, with a registered address at LE12 8DX, Loughborough, Leicestershire, Westwood House 78 Loughborough Road, Quorn.

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