Allotrope Energy Ltd

Allotrope Energy Ltd from Farnham UK: a small, active company founded eight years ago, employs just two people, and holds £578,442 in assets. It operates from a virtual address and is managed by three directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, with recent activity recorded just three months ago.

The company’s website showcases a fascinating, high-tech venture centered around a new generation of battery power – specifically, lithium carbon batteries. It’s not a traditional e-commerce site; instead, it functions as a detailed information hub, explaining the benefits of this technology. Allotrope Energy positions itself as a developer of next-generation carbon systems, highlighting the battery's unbeatable power, ultimate lifecycles, and incredibly fast charging capabilities (under 60 seconds!). The website emphasizes sustainability, sourced from a byproduct of the paper industry, and even features testimonials from Dr. Pete Wilson, a key figure in the company. It's clear Allotrope Energy isn't selling batteries directly; it's promoting the technology and seeking partners or investors interested in its potential.

Financially, Allotrope Energy presents a mixed picture. Current assets have fallen significantly, dropping 56% to £500,000, while net assets have decreased by a substantial 34% to £890,000. Bank borrowings have increased dramatically, rising by 2,400% to £29,000, and cash reserves have plummeted 69% to £390,000. Creditors have also increased by 110% to £82,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity and cash reserves suggests it may be burning through money. The increase in bank borrowings could indicate a need for additional funding. The fact that no auditor is mentioned is not unusual for a small company.

Despite the financial pressures, Allotrope Energy’s focus on a cutting-edge technology like lithium carbon batteries—and the website’s clear explanation of its benefits—suggests a long-term vision. It’s a company betting on innovation, even if it means navigating some short-term financial challenges.

Registered in England/Wales under the registration number 10292508, with a registered address at GU9 7PT, United Kingdom, Farnham, Surrey, Wey Court West, Union Road.

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