Refurbished Turbine Components Ltd

Refurbished Turbine Components Ltd, based in Droitwich, UK, is a small, active company founded three years ago. With six employees and £556,671 in assets, it’s a modest operation led by four directors, though no owners are officially listed. The company boasts a perfect 5.0 Google rating from two reviews, a testament to its customer service. It operates as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliance parts, with recent import activity recorded just two months ago.

The company’s website highlights its expertise in rotating equipment, offering comprehensive solutions for steam turbines and gas compressors through inspection, repair, and replacement parts. They cater to global power generation, waste-to-energy, and petrochemical markets, emphasizing innovative engineering solutions and combining manufacturing capabilities with specialist repair knowledge. Services include complex repairs, overhaul support, project management, and independent technical advice, all underpinned by ISO 9001:2015 quality assurance.

Financially, Refurbished Turbine Components Ltd presents a mixed picture. Cash reserves have impressively grown by 270% to £450,000, while creditors have doubled to £190,000. Equity has surged by an astonishing 1300%, reaching £350,000, a positive indicator of retained earnings. However, accumulated depreciation and impairment have also increased significantly by 110%, and corporation tax payable has jumped to £95,000. The average number of employees has slightly decreased by 17%, and future minimum lease payments have fallen by 23%. Despite these fluctuations, the company’s net assets have grown substantially, suggesting a period of investment and expansion, although it's worth noting that the figures are unaudited and rely on director-reported data.

Registered in England/Wales under the registration number 13440917, with a registered address at WR9 9AH, England, Droitwich, Worcestershire, Unit 7, The Furlong, Berry Hill Industrial Estate.

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