Wolf Laundry Limited

Wolf Laundry Limited, based in Barnsley, UK, is a large company holding the reins of several businesses, including Pee Gee Limited. Established thirteen years ago, in 2012, the company employs 55 people and boasts assets of £6,505,073. It's an active status business with five directors and one owner, maintaining a solid 4.0-star rating on Google based on 34 reviews. The company’s registered address is real, with only four companies registered at the same address.

Wolf Laundry specializes in the wholesale of commercial laundry equipment, providing services and solutions for various sectors including healthcare, education, and hospitality. They import machinery, boilers, and mechanical appliances parts regularly, with 294 months of import activity recorded, and export similar goods, with 54 months of export activity. They even offer a service called ServiceMaster, a digital dashboard to boost efficiency.

Financially, Wolf Laundry shows some concerning trends. While current assets increased by a significant 75%, net assets only rose by 22%, indicating a build-up of liabilities. Bank borrowings decreased by 28%, which is a positive sign. However, the most striking change is the massive 190% increase in taxation payable, suggesting a substantial increase in profitability but also a higher tax burden. Cash cash equivalents also increased by 69%. The company’s average number of employees increased by 69%, which is a good sign. The company’s auditor is Parsons Accountants Ltd. The company meets two of three criteria to be considered a large company: turnover more than £36 million, balance sheet more than £18 million, employees more than 250.

The surge in taxation, coupled with the increase in liabilities, suggests that Wolf Laundry is experiencing rapid growth but needs to manage its financial obligations carefully. It's possible that increased sales have led to higher profits, but also a greater tax liability. The company’s reliance on imports and exports also makes it vulnerable to global economic fluctuations.

Registered in England/Wales under the registration number 08023858, with a registered address at S74 9SB, England, Barnsley, Wolf Laundry Unit 5b Ashroyds Way, Hoyland.

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