Renewable Temporary Power Ltd

Renewable Temporary Power Ltd from Newport UK: small company, active status, founded 4 years ago, 2 employees, real address, 1 director, 1 owner. Irregular importer of electrical machinery and equipment (1 months imported). It’s a private limited company registered in Wales with the registration number 13292955, founded four years ago on March 25, 2021, and registered at NP20 2DU, Wales, Newport, Unit 2 Kings Parade. The address is probably real as only one company registered at the same address. Its status is active.

The company operates in the renting and leasing of construction and civil engineering machinery and equipment industries. Officially, it has one owner or PSCs, one director, and two employees. Renewable Temporary Power currently offers a range of 3 hybrid power units, 40KVA, 70KVA and 90KVA. The company’s website showcases a focus on reducing diesel generator usage by combining battery power and generator technology. It offers modular battery setups and remote power control via wifi, aiming to reduce fuel consumption and site noise. The site also has a perfect 5.0 Google rating from eight reviews.

Financially, Renewable Temporary Power Ltd shows some concerning trends. Cash reserves plummeted 94% to just £8,500, while bank borrowings surged to £31,000. Creditors decreased by 29% to £300,000, which is a positive sign. Net assets dropped by 3.4% to £310,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp cash drop and increase in borrowing raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s director signing financial statements is Mr A Grant.

It’s clear Renewable Temporary Power Ltd is facing some financial pressures, but its innovative hybrid power solutions and focus on sustainability could position it for long-term success.

Registered in Wales under the registration number 13292955, with a registered address at NP20 2DU, Wales, Newport, Unit 2 Kings Parade.

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