Himoinsa Power Solutions Ltd

Himoinsa Power Solutions Ltd, based in Northwich, UK, is a large company with an active status, holding company, founded eleven years ago in 2013. The firm employs thirteen people and holds £6,515,844 in assets, generating £13,814,303 in yearly revenue. With two directors and one owner, it operates from a real address and boasts a 3.0 Google rating based on one review. Regular importer and exporter of electrical machinery and equipment, with 166 months of import activity and 5 months of export activity, the last import being in January 2025 and the last export in July 2023.

The company's website is not available for review, so it’s difficult to determine if it operates an e-commerce site. However, it is known that Himoinsa Power Solutions Ltd operates within the wholesale of mining, construction, and civil engineering machinery industries.

Financially, Himoinsa Power Solutions Ltd presents a mixed picture. While cash and cash equivalents increased by 8.8% to £780,000, net assets increased by 15% to £4,500,000. However, accrued liabilities deferred income increased dramatically by 370% to £1,700,000, and revenue decreased by 25% to £14,000,000. Bank borrowings surged by 2,400% to £2,600,000, and cash reserves fell 30% to £780,000. The increase in liabilities, combined with the decrease in revenue, suggests the company may be burning through cash. The company’s small size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and more than 250 employees) helps it stay agile, but the sharp equity drop raises questions. The audit firm, WR Partners, performed the audit.

Registered in England/Wales under the registration number 08763825, with a registered address at CW9 7RA, Northwich, Cheshire, Drake House, Gadbrook Park.

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