Woodall-nicholson Ltd

Woodall Nicholson Ltd, based in Bolton, UK, is a holding company with an active status, established just one year ago. The company employs 16 people and boasts assets totaling £6,492,112. It's a solo-founded operation led by two directors and one owner, with Dumarey Guido Lieven Peter owning the business. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), having done so for 45 months, with the last import occurring in October 2024. It also exports electrical machinery and equipment, having done so for 11 months, with the last export in November 2023.

The company’s website paints a picture of a specialist vehicle manufacturer, comprised of six brands covering everything from accessible transport to ceremonial vehicles. It emphasizes sustainable technologies, design excellence, and cutting-edge innovation. The group’s operations include conversion of motor vehicles and specialist vehicle conversion, with a focus on museum-grade piano restoration and disaster recovery services. It’s a business that’s clearly invested in forward-thinking vehicle technology, electrification, and accessibility.

Financially, Woodall Nicholson Ltd shows a complex picture. While the company’s net assets remained steady at £7,500,000, several key indicators reveal potential challenges. Bank borrowings increased significantly, reaching £29,000, and cash reserves decreased by 30% to £2200000. Trade debtors also increased by 890%, suggesting delayed customer payments. On the positive side, creditors decreased by 18%, indicating improved debt management. The company's 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 increased borrowings and trade debtors raise questions. The financial statements are unaudited, and no auditor is mentioned, which is common for smaller companies.

Overall, Woodall Nicholson Ltd appears to be navigating a period of change. While its diverse range of specialist vehicle brands and focus on sustainability position it well for the future, the recent financial trends suggest a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 15010430, with a registered address at BL5 2EE, England, Bolton, Colmill Works Wigan Road, Westhoughton.

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