Yarmouth Rewinds Limited

Yarmouth Rewinds Limited, based in Great Yarmouth, Norfolk, is a small, active company established 21 years ago in 2003. With 14 employees and £1,386,098 in assets, it operates from a real address and is managed by one director and owner. The business boasts a solid 4.0 Google rating from five reviews and is an irregular importer of electrical machinery and equipment, with its last import activity recorded 5 years ago.

The company’s website reveals a specialized focus: hazardous area motor and generator repairs. Yarmouth Rewinds is an IECEx Certified Service Facility and a Baseefa Licensed Repairer, catering to industries like oil, gas, marine, power, and food. Beyond repairs, it offers panel manufacturing, electrical engineering services, drawing production, predictive maintenance, and even mechanical engineering with machining and dynamic balancing. The company also supplies electric motors from leading brands and offers services like motor rewinds, testing, and ship repairs.

Financially, Yarmouth Rewinds Ltd shows a mixed picture. Cash bank on hand increased by 27% to £660,000, a positive sign of liquidity. However, creditors grew by 11% to £370,000, and trade debtors fell by 16% to £480,000. Despite these changes, net assets remained steady at £1,200,000. 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 it to remain nimble. The lack of an auditor mentioned suggests the company is exempt as a small company, and the accounts are unaudited.

Overall, Yarmouth Rewinds Ltd appears to be a stable, specialized business, though the increase in creditors suggests a need to monitor cash flow. The company’s focus on hazardous area repairs and its certifications provide a strong foundation for continued success.

Registered in England/Wales under the registration number 04944248, with a registered address at NR30 3NQ, Norfolk, 11 Swanstons Road, Great Yarmouth.

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