Retropower Limited

Retropower Ltd from Hinckley, UK, is a small, active company founded 13 years ago. With 18 employees and £311,662 in assets, it’s a family business boasting a perfect 5.0 Google rating from 16 reviews. The company is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded a little over four years ago in July 2020.

Retropower’s website, Retropower Dream. Build. Care. Enjoy., showcases its work in automotive restoration and modification. It specializes in "restomod" projects, taking classic cars and blending them with modern engineering and design. The site highlights client testimonials praising the company's quality and attention to detail, alongside press mentions in publications like Classic Jaguar Magazine and Top Gear Magazine. It’s clear the company caters to a high-end market, offering bespoke services and emphasizing British craftsmanship.

Financially, Retropower Ltd presents a mixed picture. While cash reserves have halved to £47,000, creditors have decreased by 26% to £160,000, suggesting improved debt management. Net assets have increased by a significant 42% to £270,000, indicating a strengthening equity position. However, the number of employees has increased by 28% to 23, which could be a sign of growth but also potentially increased operational costs. 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 flexibility, but the increased number of employees could put a strain on resources. As a small company, it’s likely exempt from an audit, so the figures are unaudited. Overall, Retropower Ltd seems to be doing well, but keeping an eye on its operational costs will be important.

Registered in England/Wales under the registration number 08009617, with a registered address at LE10 3EF, Hinckley, Leicestershire, Unit 1 Oaklands Farm, Higham Lane Wykin Village.

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