Wirquin Ltd

Wirquin Ltd from Doncaster UK: a small company with an active status, was founded 37 years ago in 1987. Employing 35 people, the business holds assets valued at £5,258,000 and operates from a real address. Two directors and two owners manage the company, which boasts a solid Google rating of 4.0 based on 26 reviews. Wirquin Ltd is a regular importer and exporter of plastics and plastic products, with 413 months of import activity and 152 months of export activity recorded.

The company’s website paints a picture of an innovative, family-owned international group specializing in plumbing and sanitaryware. Wirquin’s focus is on exploration, invention, and progress, reinforced by its membership in the Bathroom Manufacturers Association. The site showcases a range of products, from toilet seats and flushing systems to waste management solutions, catering to both residential and commercial customers. It also highlights a customer support section with glowing testimonials, which is a nice touch.

Financially, Wirquin Ltd presents a mixed bag. While current assets have increased by a healthy 40% to £5.3 million, net assets have improved significantly, jumping 110% to £650,000. However, bank borrowings have spiked dramatically, increasing by 59% to £1 million. Creditors have also risen by 8.2% to £340,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in borrowings is something to keep an eye on. The lack of an auditor mentioned suggests the company is exempt from an audit as a small business.

The company's increasing debts may be a result of expanding its product range or investing in new technologies. It's also possible that the company is facing increased competition in the market. The increase in customer testimonials on the website suggests that the company is doing a good job of providing excellent customer service, which is a key factor in retaining customers and driving sales.

Registered in England/Wales under the registration number 02136997, with a registered address at DN8 5TZ, England, Doncaster, Unit 3 Alpha Court, Thorne.

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