Wraith Engineering Limited

Wraith Engineering Ltd from Lydney UK: a small holding company with an active status, was founded 22 years ago in 2002. The company employs just two people and holds £334,092 in assets, operating from a real address with three directors and one owner. It regularly imports machinery, boilers, and mechanical appliances, parts (for 7 months), and exports the same (for a substantial 145 months).

The company’s website, Wraith Engineering, showcases a focus on supplying compressor spare parts. It emphasizes a reputation for quality parts, friendly service, and technical knowledge. The site lists a range of products including cooler brochures, valves, oil pumps, and coalescers, and proudly displays ISO 9001 certification. Wraith Engineering also highlights its support for UK manufacturing and its 20-year history of exporting parts worldwide, even mentioning a self-play system integration.

Financially, Wraith Engineering shows some interesting trends. Property plant and equipment has decreased by 11%, while cash bank on hand has increased significantly by 160% to £110,000. Creditors have risen by a substantial 92%, and net current assets have increased by 64%. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the increase in creditors suggests a need to manage debt. Although no auditor is mentioned, the company's financial statements are unaudited. The company's growth in cash reserves is a positive sign, but it will be important to monitor its ability to manage its increasing debt obligations.

Registered in England/Wales under the registration number 04511440, with a registered address at GL15 4EJ, England, Lydney, Gloucestershire, Unit 53 Lydney Industrial Estate, Harbour Road.

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