1stopwind Ltd

1stopwind Ltd, based in Paisley, UK, is a small, active company founded eight years ago. With 13 employees and £2,171,149 in assets, it's a solo-founded operation led by a single director and owner. The company boasts a 1.0 Google rating from just one review. It’s a regular importer of tanning and dyeing products, with recent activity recorded three months ago.

The company’s website highlights its expertise in wind turbine maintenance and inspection. 1StopWind Ltd positions itself as a “OneStopShop” for wind turbine needs, offering statutory inspections, blade repairs, rope access services, and drone inspections. It caters to wind farms across the UK and Europe, emphasizing qualified technicians, cost-effective solutions, and improved turbine performance. The site includes case studies and a blog showcasing its work, and even has a section on "Cat 5 Complex Repair".

Financially, 1stopwind Ltd’s report shows some concerning trends. Cash reserves have vanished completely, dropping 100% to zero, and net assets have fallen 8.9% to £1,100,000. Bank borrowings increased by 14% to £74,000. On the plus side, creditors decreased by 26%, suggesting better debt management, and deferred tax expense credit has turned into a negative value. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sudden cash drain is a worry. The company’s profit loss also took a big hit, decreasing by 110% to -£41,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, 1stopwind Ltd appears to be facing some financial headwinds. While its wind turbine services are clearly in demand, the company needs to address its cash flow situation to ensure its long-term sustainability.

Registered in Scotland under the registration number SC553623, with a registered address at PA3 4AT, Scotland, Paisley, Unit Au, 101 Abercorn Street.

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