Wipertec Limited

Wipertec Ltd, based in Radcliffe, UK, is a small holding company with an active status, established 24 years ago. Employing 11 people and holding assets of £802,134, the company operates from a real address and is managed by two directors and one owner. It’s a regular importer and exporter, specializing in textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables – importing for 47 months and exporting for 30 months.

The company’s website showcases a focus on wet and dry wipes manufacturing, boasting 25 years of experience. It positions itself as a leading manufacturer, endorsed by healthcare specialists, and offers a wide range of wipes catering to medical, home care, nursery, and industrial sectors. Products include dry wipes, wet wipes, baby wipes, surface wipes, and biodegradable wipes, available through an e-commerce platform. The site also highlights private label and bespoke wipe services.

Financially, Wipertec Ltd’s recent performance presents a mixed picture. Creditors increased significantly by 41%, reaching £960,000, while trade debtors surged by 120%, indicating a potential challenge in collecting payments. Cash reserves, however, improved substantially, rising 82% to £37,000. Interestingly, the number of employees decreased slightly, dropping from 11 to 10. Net assets also increased by 6.2%, reaching £99,000. The company qualifies as a small business, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). As a small company, it is exempt from an audit, and the financial statements are unaudited. The increase in borrowing, despite the improved cash position, suggests the company may be investing in growth or managing short-term cash flow needs.

Registered in England/Wales under the registration number 04196818, with a registered address at M26 2AD, United Kingdom, Radcliffe, Unit 3-8 Bury South Business Park Dumers Lane, Riverview Close.

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