Wiring Solutions Limited

Wiring Solutions Limited, based in Market Deeping, UK, is a small, active company established 25 years ago. Employing 15 people and holding assets of £944,258, it operates from a real address and is managed by a single director – although no owners are officially reported. The company regularly imports and exports electrical machinery and equipment, with 10 months of import activity and 14 months of export activity recorded.

The company's website highlights its expertise in the design, manufacture, and assembly of cable harnesses and panel assemblies. It caters to a wide range of industries, including electric vehicles, charging infrastructure, data centers, and agriculture, offering services from rapid prototype development to full-scale production. Notably, it boasts a 10,000 sq ft facility and emphasizes custom tooling and testing procedures for efficient production. It also has a division that produces PCBs and controllers, with in-house capabilities for custom designs.

Financially, Wiring Solutions Limited shows some concerning trends. Current assets have decreased by 7.4% to £940,000, while net assets have fallen by a more significant 29% to £590,000. Cash reserves have also declined, dropping 7.1% to £510,000. Bank borrowings have increased, and trade debtors have fallen by 7.6%. While creditors have also decreased, the overall picture suggests a tightening of financial resources. 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. No auditor is mentioned, which is typical for small companies.

The significant decrease in equity could be attributed to investments in production equipment or working capital to meet growing demand. It's possible the company is experiencing some growing pains as it expands its operations—although the lack of owner reporting is a little unusual.

Registered in England/Wales under the registration number 03887592, with a registered address at PE6 8LD, England, Market Deeping, Units N & P Bentley Business Park, Blenheim Way.

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