Wondervalve Ltd

Wondervalve Ltd, based in Warley, UK, is a small, family-run business with an active status. Founded 29 years ago in 1995, the company employs just two people and holds £427,215 in assets. It operates from a real address and is managed by three directors, owned by two individuals, and has been trading for a while. The company is an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on May 01, 2020.

The company’s activities revolve around acting as agents for the sale of other particular products, wholesale of hardware, plumbing and heating equipment and supplies, and technical testing and analysis. While no website is available to examine, this suggests a business-to-business model, likely serving local tradespeople and industrial clients.

Financially, Wondervalve Ltd shows a mixed picture. Cash bank on hand increased by a respectable 12% to £390,000, indicating a healthy cash position. However, debtors have risen by 54% to £29,000, which could be a sign of delayed payments from customers. Creditors have increased significantly by 140% to £48,000, and other taxation and social security payable has seen a dramatic increase of -560%, reaching £23,000. Finished goods have also increased by 230% to £12,000. 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 stay agile, but the increase in creditors and other taxes raises some concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Wondervalve Ltd appears to be a stable, if somewhat cash-strapped, business. The increase in debtors and creditors suggests a need to manage cash flow more effectively, but the strong cash position provides a buffer.

Registered in England/Wales under the registration number 03091704, with a registered address at B69 2HF, Warley, West Midlands, 68 Lower City Road, Tividale.

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