Westin Drives Limited

Westin Drives Ltd from Huddersfield, UK, is a small, holding company with an active status, celebrating 25 years since its founding in 2000. Employing 15 people, the company holds £540,119 in assets and operates from a real address. It’s overseen by four directors and one owner, boasting a stellar 5.0 Google rating based on 19 reviews. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last six months.

Westin Drives specialises in electric motor repairs and rewinds, catering to a wide range of industrial machinery. The company's website highlights its expertise in electric motor rewinds, gearbox repairs, and servo motor repairs, alongside a range of products including geared motors, pumps, and control systems. It also offers technical services, training courses, and even CNC machining through its adjoining workshops. The business has a long history, with over 100 years of experience in motor rewinding and repairs, and has expanded to include electrical and mechanical repairs for various types of equipment. They supply products from trusted manufacturers like Lenze and WEG, and even offer marine products and repairs through Westin Pumps.

Financially, Westin Drives shows some interesting trends. Accrued liabilities have increased by 26%, while bank borrowings have decreased by a significant 40%, dropping to £120,000. Cash bank on hand, however, has fallen by 62%, leaving just £1,300. The company’s net assets have improved, rising by 170% to £19,000, which is a positive sign. The number of employees has also increased slightly, from 15 to 16. The company meets the criteria to be considered a small company, with turnover less than £10.2 million, assets less than £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Westin Drives appears to be a well-established and reputable business, but the decrease in cash reserves warrants attention. The company’s focus on technical expertise and customer service, combined with its strong Google rating, suggests a solid foundation for continued success.

Registered in England/Wales under the registration number 03933060, with a registered address at HD1 6NG, Huddersfield, West Yorkshire, The Courtyard, Phoenix Mills.

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.