Express Cutting & Welding Services Limited
- Active
- Small
- 45 years
- 0 employees
- £929,544 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 3 directors
- 2 owners
- Preston
- E-commerce
- Rating 5.0 (10)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Express Cutting & Welding Services Limited, based in Preston, UK, is a well-established small company with an active status, having operated for 44 years. Founded in 1980, it employs 17 people and holds assets totaling £913,557. The company boasts a real address, is run by three directors and owned by two individuals, and operates an e-commerce site with a stellar 5.0 Google rating from ten reviews. It’s a regular importer of electrical machinery and equipment, with 61 months of import activity recorded, the latest in March 2025.
The company’s website showcases a wide range of welding machines and equipment, including Lorch, Esab, Oxford, and Bohler brands. It caters to both professional welders and hobbyists, offering everything from traditional MIG welders to plasma cutters and safety gear. The site also features a selection of abrasives, cutting tools, and welding consumables, alongside a range of personal protective equipment. The website is well-structured, and easy to navigate, with clear product categories and detailed specifications.
Financially, Express Cutting & Welding Services Limited presents a mixed picture. Current assets have decreased by 11%, dropping to £910,000. Bank borrowings have risen by a significant 2,400%, reaching £180,000, while cash reserves have fallen 38%, settling at £290,000. Creditors have also decreased by 12%, suggesting better management of short-term liabilities. Equity has seen a decline of 7.8%, dropping to £650,000. 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 sharp decline in equity raises concerns. No auditor is mentioned, likely due to the company's small size and exemption from an audit.
The company’s consistent import activity suggests a reliance on external suppliers, and the rising bank borrowings may indicate investment in inventory or equipment. The strong Google rating points to satisfied customers, but the financial trends warrant close monitoring.
Registered in England/Wales under the registration number 01500359, with a registered address at PR5 8BG, Preston, Lancashire, 245 Walton Summit Centre, Oldfield Road Bamber Bridge.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 10 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 10 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 13 years
-
Resident of United Kingdom
-
Individual
- 33 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2025-06-30Download 12 pages pdf report
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Confirmation statement made on 2026-01-11 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-06-30Download 12 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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