Canford Renewable Energy Limited

Canford Renewable Energy Limited is a small, active company based in Wimborne, UK, with a history stretching back 31 years. Employing 15 people and holding assets valued at £7,392,114, it’s a long-standing player in the renewable energy sector. The company is led by four directors and owned by Riddle William Edward, and has a real registered address. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity recorded one month ago.

The company’s website paints a picture of a full-service renewable energy provider. They aren’t just selling products; they're developing and operating infrastructure, offering solutions ranging from solar farms and wind turbines to battery storage and biomass conversion. They even have a project involving green hydrogen production, which is currently operational. The website emphasizes a “complete solution” and a “bespoke renewables package,” suggesting a focus on custom installations and ongoing management.

Financially, Canford Renewable Energy Limited shows a mixed bag. Current assets have decreased by 10%, dropping to £740,000, while net assets have also fallen by 1%, settling at £10 million. Bank borrowings have increased slightly, reaching £3.6 million, and cash reserves have risen by a healthy 32%, reaching £3.4 million. Trade debtors have also decreased significantly, dropping by 29% to £4 million. Despite these shifts, the company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility. The company’s accounts are unaudited, as it’s exempt as a small company.

The company's revenue seems to be shifting, with a slight decrease in turnover. It's unclear whether this is a temporary dip or a longer-term trend. The increase in bank borrowings, while not alarming, suggests a reliance on external financing to support its operations. The company’s continued investment in new projects, like the green hydrogen facility, indicates a forward-looking strategy, but it also carries risk.

Registered in England/Wales under the registration number 02890411, with a registered address at BH21 3BW, England, Wimborne, Dorset, Energy Site Control Centre, Arena Way.

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