Renewable Parts Limited

Renewable Parts Ltd from Renfrew, UK, is a small, active company founded 14 years ago in 2011. Employing 38 people and boasting a real address, the business is led by five directors and owned by Macdonald Angus Francis. The company regularly imports and exports machinery, boilers, and mechanical appliances, with a strong focus on parts—178 months of exports and 374 months of imports recorded.

The company operates as a leading supply chain refurbishment specialist in the wind energy sector. Its website showcases a range of services, including parts supply, refurbishment, and technical services, catering to major utilities, service providers, and research institutions. It's not a traditional e-commerce site; rather, it acts as a B2B marketplace, offering a vast inventory of parts and components, and even providing services like offshore service kits and turbine component repair. The company's website highlights partnerships with industry manufacturers like Dellner Hydratech and Fuchs Hydac, and boasts impressive statistics—moving 191,000 items annually, diverting 174 tonnes from waste, and supporting 2600 wind turbines.

Financially, Renewable Parts Ltd shows a mixed picture. While cash bank on hand dropped by 21% to £780,000, creditors increased by 20% to £2.6 million, and debtors rose by 23% to £1.5 million. Equity, however, took a significant hit, plummeting 35% to £360,000. Net assets also decreased by 18% to £870,000. 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 for agility, but the decline in equity warrants attention. The company’s average number of employees increased by 21% to 46. With no auditor mentioned, the financial statements are unaudited.

Overall, Renewable Parts Ltd appears to be a well-established player in a specialized market, but the recent financial trends suggest it’s facing some pressures—perhaps related to increased costs or delayed payments.

Registered in Scotland under the registration number SC396682, with a registered address at PA4 8DJ, Scotland, Renfrew, Unit G1 Westway Park, Porterfield Road.

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