Wyepak Limited

Wyepak Ltd, based in Hereford, UK, is a small, holding company with an active status, having been founded eleven years ago in 2013. The company employs 26 people and holds £1,339,084 in assets. It has a real address, is managed by one director and one owner, and boasts a respectable Google rating of 4.0 based on 18 reviews. Wyepak is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with the last import operation recorded two months ago in August 2020.

The company operates in the other manufacturing n.e.c., and packaging activities industries. Its website is currently unavailable, making it difficult to assess its e-commerce presence or specific product offerings.

Financially, Wyepak Ltd presents a mixed picture. While cash bank on hand has increased significantly, jumping 430% to £720,000, other areas show concern. Net assets liabilities have increased by 31%, reaching £990,000. Trade debtors have decreased by 24%, dropping to £430,000, while creditors have risen dramatically, increasing by 260% to £410,000. The company’s small size – meeting two of three conditions for being classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) – allows for agility, but the significant increase in creditors suggests potential cash flow pressures. Bank borrowings have also increased by 2,400%, reaching £29,000. There's no mention of an auditor, which is typical for small companies. The company's equity has remained steady at -£80,000.

The company's average number of employees has decreased by 23% to 20. Disposals in depreciation have remained the same. It's clear that Wyepak Ltd is navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 08685543, with a registered address at HR2 6FQ, England, Hereford, Unit 1 Lakeside Development Sigeric Business Park, Holme Lacy Road.

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