Winch Solutions Limited

Winch Solutions Ltd, based in Wigan, UK, is a large, holding company with an active status. Established 18 years ago in November 2006, it employs 22 people and boasts assets totaling £10,495,489. The company has five directors and one owner, and currently holds a Google rating of 4.0 based on six reviews. Winch Solutions regularly imports machinery, boilers, and mechanical appliances, parts, with 148 months of import activity recorded, and exports electrical machinery and equipment, with 54 months of export activity.

The company’s website highlights a family-powered business with a focus on quality and customer service. It operates through two main brands: Champion Power Equipment, Warrior Winches, and Stealth Winches, catering to a range of power equipment and winching needs. The website emphasizes a global reach, with products reaching customers across the UK, USA, and Europe. It also stresses a commitment to innovation, durability, and strong family values.

Financially, Winch Solutions Ltd shows some concerning trends. Accrued liabilities have increased significantly, jumping 310% to £1,600,000, while accumulated amortisation for computer software has risen 130%. Bank borrowings have also surged by 160%, reaching £6,800,000. However, cash reserves have improved by 53%, reaching £1,100,000. Net assets have decreased by 43%, falling to £930,000. Despite these challenges, the company’s turnover has increased by 5.6%, reaching £9,600,000. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 100 employees) helps it stay agile, but the equity drop raises questions. The company’s financial statements were audited by JS. Audit Limited.

Overall, Winch Solutions Ltd appears to be a well-established company facing some financial pressures. The company’s strong brand and global reach suggest potential for future growth, but it will need to carefully manage its finances to ensure long-term success.

Registered in England/Wales under the registration number 06009924, with a registered address at WN6 0XQ, England, Wigan, Unit 17-18 Bradley Hall Trading Estate Bradley Lane, Standish.

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