Wm Abattoir Service Limited

Wm Abattoir Service Limited, based in Newark, UK, is a small, active company established six years ago. With six employees and £121,597 in assets, it operates from a real address and is overseen by two directors and two owners. The business is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded in November 2024.

The company’s website reveals a dual focus: design and manufacturing services alongside maintenance and repair. WMAS offers 3D computer-aided design, technical drawings, and manufacturing support across various industries. It also invests in new equipment, including a press brake, welding equipment, and a plasma machine. A key offering is maintenance and repair services for abattoir machinery, meat rails, and pneumatic systems. The website clearly aims to present a professional image, highlighting its capabilities and services to potential clients.

Financially, Wm Abattoir Service Limited presents a mixed picture. Current assets have decreased by 19% to £120,000, and net assets have plunged into negative territory at -£130,000 – a significant shift. Cash reserves, however, have seen a substantial increase of 170%, reaching £19,000. Loans from directors have surged to £170,000, indicating a reliance on personal funding. Trade debtors have also decreased slightly. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the substantial equity decline warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the business seems to be actively importing and providing services, the negative equity suggests it's burning through cash, perhaps due to investments in new equipment. It’s possible the increased loans from directors are supporting this growth phase, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 11745722, with a registered address at NG24 3BY, England, Newark, Unti 2 Bowbridge Lane, New Balderton.

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