Greenmech Limited

Greenmech Ltd, based in Alcester, UK, is a well-established company operating as a holding company with an active status. Founded 32 years ago in 1993, it employs 116 people and holds assets worth £5,921,894. Annual revenue reached £9,778,289. The company, overseen by six directors and one owner, maintains a real address and boasts a respectable 4.0-star Google rating from 13 reviews. Greenmech is a regular importer and exporter of machinery, boilers, and mechanical appliances, with parts imported for 56 months and exported for 117 months.

The company specializes in woodchippers, as evidenced by its website, GreenMech Ltd. They offer a wide range of chippers, from pedestrian models to tracked and tractor-mounted versions, catering to various applications. The website highlights their commitment to innovation and quality, showcasing a range of models and offering service parts, manuals, and technical support. They even have a section dedicated to used machines.

Financially, Greenmech Ltd shows some concerning trends. Accrued liabilities have increased by 29%, while the company's comprehensive income has plummeted to a loss of £410,000. Cash bank on hand remained stable at £1.2 million, but average number of employees decreased by 16% to 98. Debtors have decreased by 40%, which could indicate better collection practices, but it also suggests a potential slowdown in sales. The company’s large size (meeting two of three conditions for a large company) is reflected in its turnover of £9.8 million, but the decrease in net assets and increased borrowings suggest financial pressures. The lack of a named auditor in the report implies the company is exempt from a full audit.

Overall, Greenmech Ltd appears to be a well-established player in the woodchipper market, but the recent financial data suggests a need for careful management to navigate current economic conditions. The company's long history and commitment to quality, however, provide a solid foundation for future success.

Registered in England/Wales under the registration number 02810365, with a registered address at B49 5QG, Alcester, Warwickshire, Mill House The Mill Industrial Park, Kings Coughton.

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