A-deus Ltd

A-Deus Ltd from Edinburgh, UK, is a small, active company founded five years ago in May 31, 2020. It holds £20,073 in assets and operates from a virtual address, sharing a location with 3038 other companies. The company has seven directors and one owner, Uduehi Damien Ohiozoje. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with just two months of import activity recorded as of December 2023.

The company’s website, ADEUS, is “coming soon,” promising “Energy as a Service” powered by the community. It highlights fuel cell power and a mission to create a greener, cleaner world, emphasizing constant, low costs. The site suggests a focus on community-driven energy solutions, with a vision of members owning their own energy.

Financially, A-Deus Ltd presents a mixed picture. Accumulated amortization for intangible assets increased by 33%, while depreciation for property and plant equipment doubled. Cash bank on hand plummeted 100% to just £73, and current assets dropped 87% to £20,000. Equity, however, saw a significant increase of 36%, reaching -£1,300,000. Debtors decreased by 66%, suggesting improved collection, but fixed assets declined by 14%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the substantial equity decline is concerning. The accounts are abridged and unaudited, and no auditor is mentioned.

In short, A-Deus Ltd is facing financial headwinds despite its ambitious energy service vision. The company’s reliance on a virtual address and the lack of employees suggests a lean operation, but the declining assets and growing losses raise questions about its long-term viability.

Registered in Scotland under the registration number SC660896, with a registered address at EH2 4AN, Scotland, Edinburgh, 5 South Charlotte Street.

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