Worsley Plant Limited

Worsley Plant Ltd, based in Manchester, UK, is a small holding company with an active status, having been founded 26 years ago. The company employs 15 people and holds assets valued at £4,880,248. It has a real address and is overseen by three directors and one owner. Worsley Plant regularly imports and exports machinery, boilers, and mechanical appliances, including parts, with 299 months of import activity and 28 months of export activity.

The company operates in the construction of other civil engineering projects and other specialised construction activities. Its website showcases a wide range of attachments for excavators and telehandlers, including crushing buckets, screening buckets, demolition attachments, and quick couplers. It also offers used equipment for sale and provides attachment sales, hire, servicing, and replacement parts. The company has a strong focus on customer service, with a dedicated parts department and on-site installation and support.

Financially, Worsley Plant Ltd’s performance shows mixed trends. Depreciation charges for property, plant, and equipment have remained stable, but the number of employees has increased by 27%, from 15 to 20. Bank borrowings have risen significantly, increasing by 71%, while cash reserves have fallen by 52%. Creditors have also increased by 19%, suggesting a greater reliance on trade credit. However, the company's net assets have grown by 6.9%, indicating an overall increase in equity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt and decrease in cash warrants close monitoring. No auditor is mentioned, likely due to the company’s exemption as a small company, so the figures are unaudited.

The company’s focus on specialized attachments and its commitment to customer service suggest a niche market strategy. However, the financial data reveals a need to manage debt and maintain cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 03680407, with a registered address at M3 7BB, Manchester, Units 13-15 Brewery Yard Deva City Office Park, Trinity Way.

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