Winfield Energy Uk Ltd

Winfield Energy Uk Ltd, based in Port Talbot, UK, is a small, active company founded four years ago. With a single employee and £224,872 in assets, it’s a solo-founder operation managed by two directors and one owner. The company is irregular importer of aluminum and aluminum products, with its last import activity recorded one month ago in September 2023.

The company's website highlights its commitment to renewable energy, particularly solar power. It emphasizes creating jobs and clean energy for the future, revitalizing local communities, and providing a secure future for all. The website features testimonials from satisfied clients, including representatives from Shizuoka Gas Power, who praise Winfield’s community focus and responsiveness. It also details the benefits of harnessing solar power, such as being a renewable source of energy, low maintenance costs, and environmental impact. The company operates within the manufacture of other electrical equipment industries.

Financially, Winfield Energy Uk Ltd presents a mixed picture. Cash reserves have skyrocketed by 210,000%, reaching £150,000, while bank borrowings have increased by 4,000%, reaching £70,000. Creditors have risen sharply by 2,600%, reaching £820,000, and net assets have decreased by 1900%, reaching -£590,000. Despite these challenges, 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 agility. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Payments to related parties have increased significantly, suggesting potential internal transactions.

Overall, Winfield Energy Uk Ltd is navigating a period of rapid change. While the company’s focus on renewable energy and community engagement is commendable, its financial performance indicates a startup burning through cash. The increase in creditors and decrease in equity suggest a need for careful financial management, but the surge in cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 13166732, with a registered address at SA12 7AX, United Kingdom, Port Talbot, Office 2.01 Bay Technology Centre, Baglan Energy Park.

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