Welland Power Limited

Welland Power Ltd, based in Spalding, UK, is a large holding company with an active status, having been established fifteen years ago. The company employs thirty-two people and holds assets valued at £5,042,131, generating a yearly revenue of £14,256,081. It’s managed by two directors and has one owner, and boasts a stellar 5.0 Google rating from twenty reviews. The company regularly imports machinery, boilers, and mechanical appliances, and exports electrical machinery and equipment.

Welland Power's core business revolves around the manufacture and sale of generators, with a particular focus on diesel generators powered by various engines like Perkins, Cummins, Baudouin, and Scania. The company operates both a UK factory producing a range of products and a website showcasing its offerings, including standard generators, custom-built solutions, and even a "green mission" emphasizing environmentally friendly practices. It sells under its own brand and white label brands.

Financially, Welland Power shows some concerning trends. While turnover remained steady at £14,256,081, net assets decreased by 15% to £3,500,000. Bank borrowings have disappeared, which is positive, but cash reserves fell by 23% to £620,000. Creditors decreased by 37%, which is a good sign, but the decrease in net assets could be due to increased investments or write-offs. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decrease in equity warrants closer scrutiny. The company's auditor is Duncan & Toplis Audit Limited.

The company’s focus on custom manufacturing and export markets suggests a strategy of diversification, but the financial data indicates potential challenges in maintaining profitability. It’s unclear if the company is burning through money, but the decrease in net assets is something to watch.

Registered in England/Wales under the registration number 07193695, with a registered address at PE12 6BL, Spalding, Lincolnshire, Unit 2 Welland Business Park, Clay Lake.

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