Revolutionworks Ltd

Revolutionworks Ltd, based in Bristol, UK, is a small, active company founded eight years ago in 2016. Employing six people, it holds £143,876 in assets and operates from a real address at a business park. With one director and owner, Palmer Hugo Joseph, at the helm, the company boasts a respectable Google rating of 4.0 based on eleven reviews. Revolutionworks Ltd regularly imports electrical machinery and equipment, with the latest import activity recorded in September 2023.

The company’s website, hellorevolutionworks.com, focuses on electric propulsion systems for narrowboats, emphasizing a noise-free, distraction-free experience. It positions itself as an industry leader, offering technical information, product details, and contact options. The site’s minimalist design and focus on nature-inspired imagery suggest a premium brand targeting a niche market. It’s also involved in manufacturing special-purpose machinery, wholesale of equipment, retail sales via internet, and specialised design activities.

Financially, Revolutionworks Ltd presents a mixed picture. While cash reserves have increased dramatically to £120,000, a substantial rise, current assets have also increased to £140,000. However, trade debtors have plummeted, dropping 95% to just £1,100, and creditors have decreased, suggesting better debt management. 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. The increase in bank borrowings, however, at £17,000, may indicate a need for short-term funding. The company's equity has remained stable at -£34,000. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Revolutionworks Ltd seems to be navigating a period of transition. The surge in cash reserves is encouraging, but the decrease in trade debtors and increase in bank borrowings suggest a need for careful financial management.

Registered in England/Wales under the registration number 10350660, with a registered address at BS4 1ET, United Kingdom, Bristol, Unit 33 Filwood Green Business Park, 1 Filwood Park Lane.

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