Whitewolf Cylinders Ltd

Whitewolf Cylinders Ltd, based in Castleford, UK, is a small, active company founded six years ago in 2019. With forty employees and £3,203,269 in assets, it's a family-run business operating from a real address and boasting four directors and four owners. The company runs an e-commerce site, focusing on manufacturing hot water cylinders.

The business primarily imports miscellaneous metal items, with nineteen months of import activity recorded, the latest in January 2025. It also occasionally exports optical and medical tools and devices, with just one month of export activity in July 2024. Whitewolf Cylinders specializes in OEM hot water cylinder manufacturing, offering custom badging services and full bespoke design options. They are particularly known as the UK's largest heat pump cylinder manufacturer by volume, designing and supplying cylinders for various heat pump models. Their website highlights their heritage, dating back to 1967, and emphasizes strong engineering expertise and market experience.

Financially, Whitewolf Cylinders Ltd presents a mixed picture. While cash bank on hand increased by a staggering 690% to £98,000, net assets declined by 25% to £2400. Liabilities have increased significantly, with creditors rising by 110% to £1,600,000. Trade debtors have also increased by 12% to £630,000. Bank borrowings decreased by 78% to £59,000. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. With no auditor mentioned, the figures are unaudited.

The company's increasing debt and decreasing equity suggest it’s burning through cash, although the significant increase in cash reserves indicates a recent influx of funds. The company’s focus on heat pump cylinders and OEM manufacturing appears to be a strong foundation, but managing its liabilities will be crucial for long term success.

Registered in England/Wales under the registration number 11963394, with a registered address at WF10 5QS, England, Castleford, Unit 4 Valencia Park Gilcar Way, Wakefield Europort.

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