Worcester Presses Limited

Worcester Presses Limited, based in Dudley, UK, is a small, holding company with an active status, celebrating 20 years since its founding in 2005. The company employs ten people and holds £1,533,645 in assets. With four directors and two owners, it maintains a real address and boasts a perfect 5.0 Google rating from a single review. Regular importer of machinery, boilers, and mechanical appliances; parts (71 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (6 months exported).

The company's website reveals a specialized business focused on metal forming machinery. They're a leading UK provider, offering mechanical presses, hydraulic presses, coil handling equipment, and press transfer robot lines. They represent brands like Chin Fong, Yeh Chiun, Forwell, and Tomac, providing everything from individual machines to full turnkey packages. The website also highlights their service department, central stores, and even a sponsorship of Bathams Racing Motocross.

Financially, Worcester Presses Limited presents a mixed picture. Cash reserves dropped significantly by 15%, falling to £1,000,000. While creditors decreased by 20%, trade debtors have plummeted by a staggering 65%, suggesting potential issues with collecting payments. Equity has also taken a hit, decreasing by 26%. Despite these challenges, the company's small size—meeting two of three conditions for being a small company—allows for agility. The increase in future minimum lease payments, jumping 1600%, is a concerning trend. As a small company, it’s exempt from an audit, so these are unaudited figures.

The company’s focus on specialized machinery and strong brand partnerships suggests a niche market, but the financial data indicates a need for careful management to navigate the current economic climate.

Registered in England/Wales under the registration number 05399230, with a registered address at DY2 0QQ, United Kingdom, Dudley, West Midlands, Unit 4 Crescent Industrial Park, Peartree Lane.

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