Greenflame Installations Ltd

Greenflame Installations Ltd from Poole, UK, is a small, active company established seventeen years ago in 2008. Employing twenty people, the firm holds £934,379 in assets and operates from a virtual address, a detail flagged by the registration of 512 companies at the same location. It’s led by four directors and has one owner, Philip Joseph McMahon. The company boasts a perfect 5.0 Google rating based on twenty-nine reviews. It’s an irregular importer, with its top import category being Iron or Steel Products, totaling one month of imports, the last operation conducted in 2017.

The company’s website highlights a focus on renewable energy solutions, particularly solar PV, battery storage, biomass, and air source heating. It actively promotes these technologies, offering grants and funding information, and even advertises a showroom. The site’s tone is enthusiastic, targeting rural customers and emphasizing the benefits of “going greener.” It’s clear Greenflame Installations Ltd operates in the other construction installation industries.

Financially, Greenflame Installations Ltd shows some concerning trends. While current assets increased by 27% to £930,000, net assets surged by 49% to £590,000. However, bank borrowings increased by 36% to £230,000, and cash reserves grew by 36% to £230,000. Creditors decreased by 16% to £120,000, suggesting better debt management. 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 agile. The company is exempt from audit, so the financial statements are unaudited. The increase in bank borrowings and the decrease in creditors could be due to expansion or investment in new equipment.

Registered in England/Wales under the registration number 06485497, with a registered address at BH16 6FA, England, Poole, Dorset, Lytchett House 13 Freeland Park, Wareham Road.

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