North West Seating Limited

North West Seating Ltd from Wigan, UK, is a small, family-run business with an active status, celebrating 25 years since its founding in 1999. Currently employing 17 people, the company holds £2,301,397 in assets and operates from a real address, overseen by four directors and two owners. It’s an irregular importer of machinery, boilers, and mechanical appliances, with a recent import operation in July 2024, and an irregular exporter of furniture, lighting, and prefabricated buildings, last exporting in November 1999.

The company's website, NWS Bespoke Seating and Refurbishments, highlights its role as a leading manufacturer of bespoke seating solutions, specializing in bus seats for major operators across the UK. It boasts a skilled team and a strong reputation, with a showcase of its work, including collaborations with companies like Transdev Witchway. The website also reveals a broader range of services, from school theatre seating to gym sporting event seating, and even piano restoration.

Financially, North West Seating Ltd presents a mixed picture. While cash reserves increased by a healthy 53%, reaching £1.3 million, net assets still declined by 31% to £2.1 million. Trade debtors rose significantly by 86%, suggesting potential challenges in collecting payments. Bank borrowings decreased by 25%, and creditors increased by 160%, indicating a reliance on short-term financing. 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. With no auditor mentioned, the financial statements are unaudited.

The increase in bank borrowings and the rise in trade debtors could be a result of increased business activity, but it’s worth monitoring closely. The company's focus on bespoke seating and its established relationships with major bus operators suggest a stable foundation, but the financial figures indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 03880031, with a registered address at WN3 4DP, England, Wigan, Lancashire, Unit 4 Great George Street.

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.