Winch Systems Limited

Winch Systems Ltd from Hull UK is a small, active company founded 27 years ago. It employs 11 people and holds £1,095,022 in assets. With a real address and a single director and owner, the company is a well-established operation. It regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 23 months of import activity and 7 months of export activity recorded.

The company’s website highlights its role as the UK’s official and sole distributor of COMEUP Electric DC and Hydraulic Winches. They supply a wide range of winches, hoists, and accessories, offering installation, repair, testing, and fabrication services. They also design and manufacture their own range of products, partnering with brands like Comeup, Vetter, and Plumet. Their customer base spans from private individuals to large organizations, serving industries like vehicle recovery, transport, and environmental services. They pride themselves on bespoke installations and enhanced safety features.

Financially, Winch Systems Ltd appears to be in a stable position. Current assets increased by 4.9% to £1,100,000, while net assets grew by 2.2% to £1,100,000. Cash bank on hand saw a healthy increase of 21.0% to £460,000. However, creditors rose by 28% to £130,000, and trade debtors increased by 8.0% to £330,000. The company’s small size (meeting two of three conditions for being a small company) helps it maintain agility. The company is exempt from audit, so the figures are unaudited.

The increase in creditors and debtors could indicate a period of growth, but it’s something to keep an eye on. Overall, Winch Systems Ltd seems to be a financially sound company, well-positioned to continue serving its niche market.

Registered in England/Wales under the registration number 03509897, with a registered address at HU9 1AP, Hull, Craven House, Craven Street South.

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