Workshop Equipment Supplies Ltd

Workshop Equipment Supplies Ltd, based in Warrington, UK, is a small, active company established 14 years ago. With two employees and £753,831 in assets, it operates from a virtual address – registered at an address shared by 34 other companies – and is led by one director and two owners. The company enjoys a stellar 5.0-star Google rating from 43 reviews, showcasing strong customer satisfaction. It functions as an irregular importer, primarily dealing with machinery, boilers, and mechanical appliance parts, with the latest import activity occurring in April 2024.

The company’s website, Workshop Supplies Newton Aycliffe, presents itself as a "one-stop shop" for workshop and welding supplies. It features a range of products from top brands, including Milwaukee power tools, Starrett band saw blades, and Weltek Navitek helmets. The site emphasizes sourcing products not typically stocked and encourages customers to contact them for specific requirements. Family-run since 1997, the business has accumulated 124 years of experience in sourcing engineering products. It also operates as Workshop Supplies North East Limited.

Financially, Workshop Equipment Supplies Ltd shows a mixed picture. While current assets increased slightly to £750,000, cash bank on hand plummeted 55% to £83,000. A significant increase in corporation tax payable – rising by 1100% to £23,000 – could be a one-off event. Trade debtors decreased by 28%, suggesting improved collections, but other inventories increased by a substantial 230% to £170,000, potentially indicating a buildup of stock. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in cash reserves warrants attention. There's no mention of an auditor, which is typical for companies of this size. The company’s net assets remain steady at £690,000.

Registered in England/Wales under the registration number 07424665, with a registered address at WA3 3DA, Warrington, 82 High Street, Golborne.

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