Wescol Limited in Wolverhampton, WV1 2RZ

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www.wescol.com

Description

Data updated on: 01-11-2023

Registered at P O Box 41, Wolverhampton WV1 2RZ Wescol Limited is categorised as a Private Limited Company issued a 00490107 registration number. It appeared on 1951/01/01. The firm's classified under the NACE and SIC code 25990, that means Manufacture of other fabricated metal products n.e.c.. Wescol Ltd released its account information for the period up to 2022-12-31. The company's most recent annual confirmation statement was released on 2023-03-27.

With two recruitment offers since Friday 24th March 2017, the firm has been a rather active employer on the employment market. On Monday 27th March 2017, it started recruiting new workers for a full time Product Development Engineer position in Wolverhampton.

Due to the firm's constant growth, it was imperative to choose new company leaders: Gareth J., Stephen J. and Richard J. who have been participating in joint efforts since April 2012 to fulfil their statutory duties for the following company. What is more, the director's efforts are constantly aided with by a secretary - Stephen J., who was chosen by the following company in March 2021.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	377 770	361 279	287 502	287 422	311 894

Balance Sheet
Cash Bank On Hand						115 235	34 141	37 496	774	337 270	326 959	538 836
Current Assets	680 987	624 744	522 378	431 945	553 666	597 972	564 396	492 510	671 877	696 290	790 379	1 177 604
Debtors	409 366	253 146	225 634	310 441	308 023	392 513	389 297	299 071	502 116	255 998	347 184	474 997
Net Assets Liabilities						316 677	365 183	374 968	449 814	451 226	459 615	478 283
Other Debtors						40 847	92 851	108 835	166 997	34 619	21 196	27 478
Property Plant Equipment						326 530	341 111	331 055	355 757	330 145	309 345	295 155
Total Inventories						90 224	140 958	155 943	168 987	103 022	116 236	163 771
Cash Bank In Hand	72 960	116 122	130 738	53 080	135 517
Net Assets Liabilities Including Pension Asset Liability	377 770	361 279	287 502	287 422	311 894
Stocks Inventory	198 661	255 476	166 006	68 424	110 126
Tangible Fixed Assets	236 284	237 838	208 866	232 887	332 495

Capital & Reserves
Called Up Share Capital	245 003	245 003	245 003	245 003	245 003
Profit Loss Account Reserve	89 587	73 491	109	324	25 191
Shareholder Funds	377 770	361 279	287 502	287 422	311 894

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						138 864	165 810	197 860	236 688	262 300	283 100	297 290
Average Number Employees During Period						12	12	12	12	12	7	6
Bank Borrowings Overdrafts						79 726	69 323	58 920	48 517	250 000	170 833	120 833
Creditors						87 336	72 367	58 920	48 517	250 000	170 833	120 833
Future Minimum Lease Payments Under Non-cancellable Operating Leases						8 213	10 976	8 297	8 100	8 100
Increase From Depreciation Charge For Year Property Plant Equipment							26 946	32 050	38 828	25 612	20 800	14 190
Net Current Assets Liabilities	199 853	172 832	101 942	67 335	90 316	89 483	107 739	111 533	149 774	374 870	322 842	303 961
Number Shares Issued Fully Paid							300	300	300	300	300	300
Other Creditors						7 610	3 044	143 322	190 770	105 670	45 866	52 091
Other Taxation Social Security Payable						14 219	3 338	3 673	26 764	27 700	32 108	24 922
Par Value Share		0	0	0	0		0	0	0	0	0	0
Property Plant Equipment Gross Cost						465 394	506 921	528 915	592 445	592 445	592 445
Provisions For Liabilities Balance Sheet Subtotal						12 000	11 300	8 700	7 200	3 789	1 739
Total Additions Including From Business Combinations Property Plant Equipment							15 027	21 994	15 455
Total Assets Less Current Liabilities	436 137	410 670	310 808	300 222	422 811	416 013	448 850	442 588	505 531	705 015	632 187	599 116
Total Increase Decrease From Revaluations Property Plant Equipment							26 500		48 075
Trade Creditors Trade Payables						270 496	216 057	223 579	276 422	188 050	339 563	746 630
Trade Debtors Trade Receivables						351 666	296 446	190 236	335 119	221 379	325 988	447 519
Creditors Due After One Year	50 467	35 491	12 306		100 217
Creditors Due Within One Year	481 134	451 912	420 436	364 610	463 350
Fixed Assets	236 284	237 838	208 866	232 887	332 495
Instalment Debts Due After5 Years					88 041
Number Shares Allotted		300	300	300	300
Provisions For Liabilities Charges	7 900	13 900	11 000	12 800	10 700
Revaluation Reserve	43 180	42 785	42 390	42 095	41 700
Secured Debts	237 595	161 519	211 393	105 044	159 696
Share Capital Allotted Called Up Paid	3	3	3	3	3
Tangible Fixed Assets Additions		35 700	2 515	43 179	135 939
Tangible Fixed Assets Cost Or Valuation	639 575	675 275	677 790	720 969	442 219
Tangible Fixed Assets Depreciation	403 291	437 437	468 924	488 082	109 724
Tangible Fixed Assets Depreciation Charged In Period		34 146	31 487	19 158	28 090
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					406 448
Tangible Fixed Assets Disposals					414 689