Uisce Ard Ltd

Uisce Ard Ltd from Hertford UK: a small, active company founded 16 years ago, boasts £196,572 in assets, and operates from a real address. With three directors and one owner, it’s a relatively compact operation. The company is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with just one month of import activity recorded back in 2016.

The company’s primary focus appears to be residential home construction, operating under the name Wexford Low Energy Homes. They build energy-efficient homes in several locations across County Wexford, including Ard Uisce, Gleann an Ghairdn, and Old Forge Road. Their website highlights a commitment to “turn key solutions” – offering features like high-speed fibre broadband and smart home technology – and boasts a focus on energy efficiency and traditional building methods. They even offer a range of financing options and government grant assistance to potential buyers.

Financially, Uisce Ard Ltd shows some concerning trends. While current assets remain stable at £200,000, cash reserves have plummeted a staggering 98%, leaving just £2,400 on hand. Bank borrowings have surged by 160%, reaching £160,000, and debtors have increased significantly by 120% to £190,000. Despite these challenges, creditors have decreased slightly by 2.2%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Uisce Ard Ltd appears to be facing liquidity issues despite a focus on growing its construction business. The sharp decline in cash reserves and increased borrowings raise questions about its financial health, but the company’s focus on energy-efficient homes and government incentives could provide a path to recovery.

Registered in England/Wales under the registration number 06715651, with a registered address at SG13 7BJ, Hertford, Herts, Unit 6 The Mead Business Centre, Mead Lane.

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