Vulcan Engines Limited

Vulcan Engines Limited, based in Widnes, UK, is a small, active company founded six years ago in 2019. With £2,025,014 in assets and a virtual address, it’s a solo-founded operation run by a single director and owner. The company operates in the manufacture of engines and turbines, except aircraft, vehicle and cycle engines industries. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website reveals a long history of engine building, established in 1967 by Paul Blanchot. Vulcan Engineering specializes in Ford products, particularly Kent engines, and caters to both historic motorsport enthusiasts and those restoring classic cars. They even offer cylinder head restoration and development, boasting a worldwide clientele from places like Portugal, Belgium, Spain, Australia, and Zimbabwe. The site highlights a diverse range of services, from engine rebuilds to dyno rolling road testing, and even disaster recovery for damaged pianos.

Financially, Vulcan Engines Limited shows a mixed picture. Current assets have increased by 43%, reaching £2,000,000, but net assets have fallen by 56%, settling at £820,000. Bank borrowings have surged by 120%, reaching £2,600,000, and cash reserves have dropped by 80%, leaving just £200,000. Creditors have increased by 99%, reaching £2,000,000. The company’s small size helps it remain flexible, but the significant drop in equity raises concerns. The company is exempt from an audit, and the figures are unaudited.

It’s clear that Vulcan Engines Limited is facing some financial pressures, despite its established reputation and diverse range of services. The long history and expertise in engine building, however, suggest a company with potential to weather the storm—though it will need to manage its debts and maintain its customer base to ensure its long-term survival.

Registered in England/Wales under the registration number 11950075, with a registered address at WA8 5SQ, United Kingdom, Widnes, Cheshire, Glebe Business Park, Lunts Heath Road.

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