Wrekin Products Limited

Wrekin Products Limited, based in Lichfield, UK, is a sizable company holding a prominent position in the civil engineering sector. Incorporated 33 years ago in May 1991, the company operates as a holding company with an active status and employs 75 people. Its assets total £22,492,592, and it generates a yearly revenue of £50,672,407. With five directors and a single owner, the company maintains a real address and boasts a respectable Google rating of 4.0 based on seven reviews. It’s a regular importer and exporter of iron or steel products, with 237 months of import activity and 49 months of export activity recorded.

The company’s core business revolves around the manufacture and supply of access solutions and civil engineering products. Its website showcases a wide range of offerings, including manhole covers, gully gratings, surface boxes, steel access covers, and bespoke metalworks packages. Wrekin Products caters to diverse markets, including commercial and warehousing, highways, infrastructure, housing, renewable energy, utilities, and telecoms. The site also highlights its commitment to innovation, sustainability, and customer support, with resources like savings calculators, product training, and a knowledge base.

Financially, Wrekin Products Limited demonstrates a mixed picture. While turnover increased by a healthy 21%, net assets have decreased by 11%, and bank borrowings have increased by 96%. Cash reserves have also fallen by 33%. Creditors have decreased by 12%, which could indicate improved debt management. The company meets two of three criteria to be considered a large company, namely turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of an auditor mentioned suggests the company is exempt from an audit.

The increase in administrative expenses by 41% is worth noting, as is the decrease in the number of employees by 2.7%. These trends could be attributable to various factors, such as inflation, investment in new technologies, or changes in operational strategies. Overall, Wrekin Products Limited appears to be a stable and well-established company, but the financial data suggests it's facing some challenges.

Registered in England/Wales under the registration number 02609935, with a registered address at WS14 9TZ, Lichfield, Staffordshire, Unit 1a Europa Way, Britannia Enterprise Park.

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