Wymbs Engineering Limited

Wymbs Engineering Ltd from Stockport UK is a small, family business, active after being founded 43 years ago in 1981. Employing 20 people, the company holds £1,708,803 in assets and operates from a real address on the Poynton Industrial Estate. With five directors and two owners, Wymbs Engineering is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts.

The company specializes in the manufacture of pressurised manifold depositing systems for the confectionery, bakery, and dairy industries. Its website highlights a unique range of machines, including those for light, aerated, and delicate materials, as well as bespoke processing lines for chilled foods. Wymbs Engineering also offers services like pressuring depositing, volumetric depositing, sheeting, and extrusion, catering to businesses seeking precision filling and efficient production. They even have a showroom in Harrods, London.

Financially, Wymbs Engineering Ltd’s recent report shows some interesting trends. Property, plant and equipment has increased by 28%, which is good, but bank borrowings have decreased by 21%, which is also positive. However, cash reserves have dramatically increased by 200%, which could mean the company is holding onto cash instead of investing it. Creditors have also increased significantly, by 260%, which might suggest a reliance on short-term financing. Despite this, net assets have increased by 31%, showing a healthy overall financial position. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The report is unaudited, likely due to its small size.

The company’s success seems to hinge on its specialized machinery and strong presence in niche markets, but the increase in creditors does raise a question mark. It's clear that Wymbs Engineering is a well-established business with a strong family foundation, but the financial picture suggests it's navigating a period of change and adjustment.

Registered in England/Wales under the registration number 01568182, with a registered address at SK12 1YL, Stockport, Cheshire, Unit D Third Avenue, Poynton Industrial Estate, Poynton.

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