Adelan Limited

Adelan Ltd from Atherstone UK is a small, active company founded 29 years ago, employing 12 people and holding assets of £168,275. It’s a real address, managed by one director and owner, and enjoys a perfect 5.0 Google rating from a single review. The company regularly imports electrical machinery and equipment, with recent activity recorded three months ago.

Adelan is a UK hydrogen technology company focused on the global energy transition market. It was founded by inventors of core solid oxide fuel cell and electrolyser technologies back in 1992 and 1999 respectively. The company develops clean, green energy markets through direct sales and partnerships, boasting a global network of scientists, engineers, and supply chains. Adelan specializes in developing and selling clean power and hydrogen production technology, gathering data on markets and system design. Its website highlights the development of micropower solutions, including fuel cell-powered UAVs and recreational vehicles.

Financially, Adelan Ltd shows some concerning trends. While cash reserves increased significantly to £94,000, net assets decreased by 8.7% to £310,000. Bank borrowings also increased, reaching £9,700, and current assets dropped by 21% to £170,000. Trade debtors have decreased considerably, which is a good sign, but the decrease in net assets and rise in bank borrowings suggests the company is burning through money. The company is a small company, meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited. The company seems to be doing well in terms of product development and sales, but the financial data indicates it may need to watch its cash flow.

Registered in England/Wales under the registration number 03166948, with a registered address at CV9 1LQ, England, Atherstone, C/O A N T Industries Carlyon Road, Atherstone Industrial Estate.

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