Wolf Systems Limited

Wolf Systems Ltd, based in Coventry, UK, is a well-established company with a 37-year history, currently employing 57 people. The business holds £11,934,465 in assets and generates £8,862,298 in yearly revenue. It’s a large company, meeting two of three criteria for size: turnover exceeding £36 million and a balance sheet total surpassing £18 million. The company operates with four directors, although no owners are officially registered, suggesting one of the directors likely holds the shares. It maintains a strong 5.0 Google rating from four reviews.

Wolf Systems is primarily a software and products provider for timber engineering, offering solutions for easier design and manufacturing. The company's website details a network of subsidiaries across Europe, including locations in Germany, France, Switzerland, Italy, Poland, Hungary, Slovakia, Croatia, Czech Republic, Lithuania, Latvia, Romania, Slovenia, and the Czech Republic. These subsidiaries appear to function as sales and support offices, promoting and distributing Wolf Systems’ software and products. The company offers a range of products, including nailplates, metal webs, machinery, and software packages like Enterprise, easijoist, Horizon, and Fusion. It emphasizes training and support, offering courses for all user levels.

Financially, Wolf Systems shows a mixed picture. While cash bank on hand increased by 11% to £8.8 million, administrative expenses rose by 13% to £3.4 million. Debtors decreased by 13%, while creditors increased by 15%. A significant drop in cost of sales by 26% to £4.1 million suggests improved efficiency or potentially lower volumes. The company's focus on research and development is evident in a 4800% increase in tax relief claims. The company’s auditor, SFB Group Limited, has not been mentioned in the report. The company's turnover has seen a 15% decrease, which may be due to a number of factors.

Overall, Wolf Systems Ltd appears to be a stable, established player in its niche market, but the financial data hints at some challenges. The company’s European network and focus on software and training suggest a business model built on recurring revenue and customer relationships, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 02151148, with a registered address at CV7 9QL, United Kingdom, Coventry, Shilton Industrial Estate Bulkington Road, Shilton.

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