W J Components Limited

WJ Components Limited, based in Hull, UK, is a small, active company holding company founded seventeen years ago in 2007. Employing fifty-three people, the company holds £1,291,752 in assets and operates from a real address at Marfleet Industrial Estate. With five directors and a single owner, WJ Components has a strong 5.0 Google rating based on three reviews. The company regularly imports wood and wood products, with nineteen months of import activity recorded, and has recently exported for one month.

The company's website reveals a broader scope of operations than initially apparent. WJ Group, as it’s known, is a specialist in timber engineering, treatment, and fire retardancy. They offer a range of services, including timber roof trusses, I-beams, chassis solutions for caravans, and anti-slip decking treatments. They even have a division dedicated to fire-retardant timber, catering to a variety of industries. The website also highlights their commitment to sustainable practices and showcases a portfolio of projects, including bridges and school buildings.

Financially, WJ Components Limited presents a mixed picture. While cash reserves increased by 1.7% to £320,000, net assets decreased by 22% to £1,700,000. Bank borrowings decreased by 30% to £120,000. Trade debtors decreased by 48% to £380,000, and creditors decreased by 64% to £34,000. 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 decrease in net assets raises questions about its long-term financial health. No auditor is mentioned, likely due to its status as a small company. The company’s focus on specialized timber treatments and engineering solutions, however, suggests a niche market with potential for continued growth.

Registered in England/Wales under the registration number 06359106, with a registered address at HU9 5SD, England, Hull, East Yorkshire, 3 Burma Drive, Marfleet Industrial Estate.

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