Windtrans Ltd

Windtrans Ltd, based in London, UK, is a small, active company founded eleven years ago in 2014. With three employees and £1,653,660 in assets, it operates from a virtual address, a detail flagged by the presence of 44 other companies registered at the same location. The company is led by two directors and a solo founder, Thornton Andrew. It functions as an irregular importer of machinery, boilers, and mechanical appliances, parts, with just one month of import activity recorded, and a regular exporter, with four months of export activity.

The company's website, Windtranz WindFarm Solutions, positions itself as Ireland’s leading specialist windfarm service provider. It offers a range of services including turbine blade recycling, transport, storage, warehousing, transformer changeouts, lifting equipment sales and hire, customs clearance, hazardous waste disposal, and windfarm site welfare provision. The site highlights its expertise in handling heavy and offsize equipment in remote locations, catering specifically to the wind industry. It even offers turbine blade recycling through the cement kiln and energy from waste processes, a unique offering.

Financially, Windtrans Ltd shows a mixed picture. Cash bank on hand increased by a significant 55% to £970,000, a positive sign. However, creditors jumped 160% to £710,000, and trade creditors ballooned by a massive 3,300% to £470,000 – a potential cause for concern. Net assets increased by 23% to £1.4 million, but the increase in debt suggests the company is relying more on borrowing. Plant and machinery depreciation increased slightly, and vehicles depreciation increased too. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rising debt levels warrant attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Windtrans Ltd appears to be growing its business, particularly in the windfarm services sector, but it’s also taking on more debt to fuel that growth. Whether it can manage this increased financial burden effectively remains to be seen.

Registered in England/Wales under the registration number 08861707, with a registered address at NW10 3JE, England, London, 40 Chamberlayne Road.

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