Ws Woodmachinery Ltd

Ws Woodmachinery Ltd, based in Coatbridge, UK, is a small, family-run business with an active status. Founded 13 years ago, it employs nine people and holds £507,932 in assets. The company, managed by three directors and three owners, boasts a solid 4.0 Google rating from ten reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with 76 months of import activity recorded.

The company’s website reveals a comprehensive offering of woodworking machinery, catering to both traditional and modern needs. From automatic wrapping machines to veneer presses, Ws Woodmachinery Ltd supplies a wide range of equipment, representing various manufacturers like Cehisa, Harwi, and Cosmec. The website highlights its expertise in CNC technology, edgebanders, and energy-saving solutions, positioning itself as a one-stop shop for woodworking professionals. It even offers complementary machinery, spare parts, servicing, and repairs.

Financially, Ws Woodmachinery Ltd shows some concerning trends. Current assets have decreased by 12% to £510,000, while equity has plummeted 27% to £230,000. Bank borrowings have increased significantly, and cash reserves have fallen. Trade debtors have also decreased, suggesting a potential struggle to collect payments. 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 decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited. It's likely that the company is struggling to maintain its previous levels of profitability, although the business has a strong reputation and a wide range of products.

Registered in Scotland under the registration number SC413561, with a registered address at ML5 2QA, Coatbridge, Lanarkshire, Unit 9 36, Hornock Road.

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