Swtco Limited

Swtco Limited is a small, active company based in Stone, Staffordshire, UK, founded five years ago in 2019. It operates with a single employee and holds £253,409 in assets, using a virtual address shared by 141 other companies. The company is run by one director and owner, Hodkinson Thomas. Swtco Limited specializes in the repair of machinery, renting and leasing of construction equipment, and installation of industrial machinery, and is an irregular importer of electrical machinery and equipment, with its last import operation in December 2023.

The company’s website, Small Wind Turbine Company Ltd, highlights its expertise in the installation, servicing, and repair of small wind turbines and renewable energy systems throughout the UK. It’s an approved service agent for SD Wind Energy and offers services like inverter fault repair and turbine component replacement. The website also features a shop, suggesting an e-commerce element to the business, selling wind turbine parts and related equipment.

Financially, Swtco Limited presents a mixed picture. While cash reserves have increased significantly by 88% to £230,000, and current assets have risen by 86% to £250,000, there's been a substantial increase in bank borrowings, up 2,400% to £29,000. Net assets have grown impressively by 140% to £180,000, but trade debtors have also increased significantly, by 160% to £20,000. Depreciation charges on plant machinery and vehicles have risen, indicating increased investment or wear and tear, but creditors have decreased slightly, suggesting improved debt management. The company's small size (meeting two of three criteria for a small company) allows for agility, but the increased borrowings could be a cause for concern. The accounts are unaudited, and no auditor is mentioned.

Overall, Swtco Limited seems to be experiencing growth, particularly in assets and cash flow, but also facing some financial pressures with increased debt. The company’s focus on wind turbine services and parts, combined with its online presence, suggests a niche market strategy—although the reliance on a single employee and a shared virtual address could present challenges in the long run.

Registered in England/Wales under the registration number 12168291, with a registered address at ST15 0RZ, England, Stone, Staffordshire, 24 Brookside Business Park.

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