Force Renewables Ltd

Force Renewables Ltd is a small, active company based in Glasgow, UK, founded thirteen years ago in 2012. With a real registered address and two directors overseeing operations, the company employs just one person and holds £1,957,446 in assets. It's a solo-founded business, with Wilson Neil Alexander as the owner. The company primarily imports machinery, boilers, and mechanical appliances, with a recent import recorded just last month.

The company’s website, Renewable Force Ltd, specializes in the design, installation, and commissioning of renewable energy solutions, particularly heat pumps. They offer services for air source, ground source, and underfloor heating systems, catering to both residential and commercial clients. The website highlights financial incentives like the Boiler Upgrade Scheme (BUS), and emphasizes the benefits of renewable energy – reduced carbon footprint, energy efficiency, and government support. They even have a showroom in Harrods, London.

Financially, Force Renewables Ltd shows some concerning trends. While turnover increased slightly, net assets decreased by 7.5% to -£67,000. Cash reserves plummeted 100% to a mere £32, and bank borrowings increased significantly. Administrative expenses also rose sharply, suggesting increased operational costs. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. With no auditor mentioned, the financial data is unaudited.

It seems like Force Renewables Ltd is facing financial pressures, despite a strong focus on renewable energy solutions. Whether the company can sustain its growth and navigate these challenges remains to be seen.

Registered in Scotland under the registration number SC422702, with a registered address at G71 8FL, Scotland, Glasgow, 2 Mcguire Gate, Bothwell.

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