Wonder Grip Uk Ltd

Wonder Grip Uk Ltd, based in Altrincham, UK, is a small, active company founded five years ago in 2019. With fourteen employees and £3,085,028 in assets, it operates from a real address and is managed by two directors and a single owner. The company is an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting (two months of import activity), and an irregular exporter, focusing on furniture, lighting, and prefabricated buildings (one month of export activity).

The company’s website showcases a wide range of protective gloves, emphasizing quality, sustainability, and innovation. Wonder Grip positions itself as an integrated glove manufacturer, committed to reducing its environmental impact and achieving net-zero emissions by 2050. The site highlights its technologies and partnerships, including a new brand ambassador, Ricky Hatton, and features blog posts and customer testimonials. It’s a well-designed site, clearly aimed at a B2B audience.

Financially, Wonder Grip Uk Ltd presents a mixed picture. While the company’s assets remain substantial, depreciation on property, plant, and equipment has increased significantly, with computer equipment showing a 63% growth. Cash bank on hand has improved by 8.6% to £430,000, but creditors have decreased by 4.5% to £3.2 million. The company’s net assets have improved significantly, with a 120% increase to £35,000. Borrowings have also increased, and cash reserves have improved. The company’s income from related parties has decreased by 44%. 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 stay agile. No auditor is mentioned, likely due to its small company status.

Overall, Wonder Grip Uk Ltd appears to be navigating a period of change. While its assets remain strong, the increased depreciation and changes in related party income suggest potential pressures. The company’s focus on sustainability and its B2B marketing strategy position it well for the future, but managing its financial performance will be key to its long-term success.

Registered in England/Wales under the registration number 12185609, with a registered address at WA14 2UT, England, Altrincham, Bridge House 157a Ashley Road, Hale.

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