Woodford Lake Limited

Woodford Lake Limited is a small, active company based in Manchester, UK, founded eleven years ago in 2014. It employs fourteen people and holds £714,000 in assets. With a real registered address, two directors, and one owner, the company regularly imports miscellaneous manufactured goods, with its last import operation made on January 01, 2025. The company operates in the non-specialised wholesale trade industries.

The company’s website is non-existent, which means it’s likely operating solely through wholesale channels and not directly engaging with consumers. This suggests a business-to-business model, focusing on supplying goods to other companies rather than selling directly to the public.

Financially, Woodford Lake Limited presents a mixed picture. Current assets increased by 9.3% to £710,000, while net assets remained stable at £1.2 million. Bank borrowings decreased by 38%, reaching £51,000, and cash reserves increased significantly by 160% to £66,000. Creditors decreased by 30%, suggesting improved debt management. However, a concerning trend is the decrease in the average number of employees from fourteen to twelve—a 14% drop. The company meets two of three conditions to be considered small, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s accounts are unaudited, and there is no auditor mentioned.

The company’s financial data also reveals some interesting trends. Accumulated amortisation impairment intangible assets increased by 6.1%, while accumulated depreciation impairment property plant equipment increased by 20%. The company’s fixed assets decreased by 39%, which could be due to asset sales or write-downs. It seems like the company is managing its debts well, but the decrease in employees is a potential cause for concern.

Registered in England/Wales under the registration number 08850989, with a registered address at M23 9WR, England, Manchester, Creative House Tilson Road, Roundthorn Industrial Estate.

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