Ws2 Coatings Limited

Ws2 Coatings Ltd from York UK: a small, active company established 30 years ago, employs four people, and holds assets valued at £4,810,907. With a real address and four directors, the business is led by one owner, and enjoys a stellar 5.0 Google rating based on four reviews. It’s a regular importer of vehicles, parts, and accessories—not for trains or trams—with six months of import activity recorded.

The company’s website highlights its expertise in friction reduction and lubrication, particularly using tungsten disulphide. It serves a variety of sectors, including engineering, plastics, motorsport, and rubber, offering services like dry lubricant application, friction coefficient testing, and anti-seizing solutions. The website also features a separate section dedicated to high-performance lubricants, emphasizing NASA-developed technology and catering to businesses of all descriptions. It’s clear that Ws2 Coatings Ltd is more than just a supplier; it’s a specialist offering tailored solutions.

Financially, the company shows some interesting trends. Creditors increased by a substantial 83%, reaching £1.8 million, while debtors decreased by 18% to £680,000. Cash bank on hand increased by 17%, reaching £4.1 million, which is a positive sign. However, net assets liabilities increased by 19%, reaching £6.2 million. The company’s small size—meeting two of three criteria for a small company—helps it maintain flexibility, but the rise in creditors suggests a need to manage short-term obligations. The company’s bank borrowings increased by 6.9% to £200,000. No auditor is mentioned, which is common for small companies.

Overall, Ws2 Coatings Ltd appears to be a stable, albeit growing, business. The increase in creditors and bank borrowings should be monitored, but the strong cash position and positive Google rating suggest a healthy outlook.

Registered in England/Wales under the registration number 02990033, with a registered address at YO43 4BB, York, East Yorkshire, 17b Hosm Industrial Estate, Holme Upon Spalding Moor.

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