Aegeus Energy Solutions Limited

Aegeus Energy Solutions Limited, based in Mexborough, UK, is a small, active company founded ten years ago in 2015. With ten employees and £573,748 in assets, it operates from a virtual address – thirteen companies registered at the same location – and is managed by two directors and two owners. The company’s core business is wholesale of other fuels and related products, and it occasionally imports miscellaneous metal items, with a single import recorded in May 2022.

The company’s website is minimal, offering little insight into its operations beyond its registration details. It doesn’t appear to be an e-commerce site, suggesting a business-to-business model focused on wholesale distribution.

Financially, Aegeus Energy Solutions Limited presents a mixed picture. Bank borrowings have surged dramatically, increasing by 6,800% to £950,000, while creditors have also risen by 28% to £950,000. This suggests a need for increased funding, possibly to support operations or expand the business. However, net assets have increased by 31% to £180,000, and current assets are up 24% to £570,000, indicating a healthy level of liquidity. Trade debtors have increased by 46%, which could be a sign of growth but also requires careful management. 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 increase in debt is something to monitor. There is no auditor mentioned, as the company is exempt from an audit as a small company.

The company’s increase in debt, alongside the rise in trade debtors, could be a result of expansion or increased customer credit terms. It’s possible that the company is investing in new equipment or inventory to meet growing demand. However, it’s also important to ensure that the company is managing its cash flow effectively to avoid any financial difficulties.

Registered in England/Wales under the registration number 09603543, with a registered address at S64 9JP, England, Mexborough, Mexborough Business Centre, College Road.

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