Longwell Europe Limited

Longwell Europe Ltd from Warrington UK: a small holding company with an active status, was founded 23 years ago in 2002. Employing six people and holding £66,663 in assets, it operates from a real address and is overseen by two directors and three owners. The company regularly imports electrical machinery and equipment, with five months of import activity recorded, the last being November 1st, 2024.

The company’s website, while minimal, suggests a focus on wholesale of other intermediate products. It’s not an e-commerce site, but rather a business-to-business operation. The company’s LinkedIn profile indicates a focus on generating sales enquiries for Longwell International in Europe and parts of the United States.

Financially, Longwell Europe Ltd shows a mixed picture. Current assets increased by 23% to £67,000, while net assets also rose by 20% to £59,000. Cash bank on hand doubled to £9,900, a positive sign. However, director remuneration increased significantly by 48% to £83,000, and bank borrowings also rose. Creditors increased by 56%, which could indicate the company is taking on more debt to fund operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. With no auditor mentioned, the financial statements are unaudited.

In conclusion, Longwell Europe Ltd appears to be a stable, albeit small, operation. The increase in director remuneration and creditors suggests the company may be reinvesting in its business, but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 04425911, with a registered address at WA3 2SH, England, Warrington, 13b Stone Cross Lane North, Lowton.

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