Wood Waste Technology Limited

Wood Waste Technology Ltd, based in Stafford, UK, is a small, active company founded 23 years ago. With 15 employees and £462,404 in assets, it operates from a real address and is managed by three directors and two owners. It has a stellar 5.0 Google rating based on four reviews. The company regularly imports miscellaneous manufactured goods, with the last import operation recorded in June 2024.

The company’s website reveals a dual focus: machining manufacturing and real estate operations. Wood Waste Technology Limited operates from Stafford, while a separate venture, Wood Waste Recycling, is based in Telford. The company’s website details a range of services, including bespoke metal fabrication, CNC machining, and property management. It seems to cater to both industrial clients and private landlords. The website is simple, but professional, and gives a good overview of the services offered.

Financially, Wood Waste Technology Ltd’s recent performance presents a mixed picture. Current assets have decreased by 23%, dropping to £460,000, while net assets have fallen 10%, settling at £770,000. Bank borrowings have significantly reduced by 51%, reaching £63,000, and cash reserves have fallen 56%, down to £130,000. Creditors have also decreased by 5.4%, suggesting some improvement in debt management. 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 remain flexible. The decrease in equity, however, is a concern and could be attributed to increased investment in equipment or property. No auditor is mentioned, which is likely due to the company’s small size and exemption from mandatory auditing.

Overall, Wood Waste Technology Ltd appears to be navigating a period of adjustment. While its financial performance isn’t booming, it’s not in crisis either. The dual focus on machining and real estate could provide diversification and resilience, but it also requires careful management to avoid spreading resources too thinly.

Registered in England/Wales under the registration number 04366692, with a registered address at ST16 3HJ, Stafford, Unit 1&2 Drummond Road, Astonfields Industrial Estate.

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