We Power Your Car Ltd

We Power Your Car Ltd, based in Bingley, UK, is a small holding company with an active status, established five years ago. Employing 19 people, the company holds £1,646,662 in assets and boasts a stellar 5.0 Google rating from 84 reviews. It’s led by four directors and one owner, operating from a real address shared by three other companies.

The company's core business revolves around the retail sale via mail order and internet, specializing in electric vehicle (EV) chargers and installation services. Their website highlights a nationwide presence, offering both home and commercial EV charging solutions. They partner with leading charger manufacturers and provide comprehensive installation services, including options for those without off-street parking, such as Kerbo Charge and ChargeArm approved installations. The website also features a blog and FAQs, demonstrating a commitment to educating customers about EV charging.

Financially, We Power Your Car Ltd presents a mixed picture. While cash reserves have dramatically increased by 1900% to £330,000, indicating improved liquidity, net assets have decreased by 120% to £950,000. This significant shift is largely due to a substantial increase in creditors, which rose by 46% to £640,000. Debtors have also increased considerably, by 120% to £440,000. The company's average number of employees has increased by 140% to 45, which could explain some of the increased expenses. Despite these changes, the company's small size—meeting two of three criteria for being classified as a small company—allows for flexibility. The unaudited financial statements, prepared by CCH Software, don't mention an auditor, which is typical for companies exempt from an audit due to their size.

In conclusion, We Power Your Car Ltd is experiencing growth, but also facing increased financial obligations. The company's focus on the expanding EV charging market positions it well for the future, but careful management of its growing expenses will be crucial.

Registered in England/Wales under the registration number 12273463, with a registered address at BD16 1WA, England, Bingley, West Yorkshire, Airedale House, Wagon Lane.

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