Aquafuel Research Limited

Aquafuel Research Ltd, based in Ashford, UK, is a small, holding company with an active status, having been founded 24 years ago in 2001. The company employs six people and holds assets worth £155,676. It has a real address, is overseen by one director, and is owned by four individuals. Aquafuel Research is an irregular importer of optical and medical tools and devices (one month imported) and an irregular exporter of electrical machinery and equipment (also one month exported).

The company’s website describes Aquafuel as a British technology company manufacturing ultralow emission, low-carbon solutions. It focuses on cutting carbon emissions, reducing pollution, and improving customers’ bottom lines. Their solutions range from renewable Combined Heat and Power to powering diesel-free construction sites, providing full service support. They’ve even powered the VW Motorsports I.D.R prototype, breaking records at Pikes Peak and Goodwood. Aquafuel also designed and commissioned a 450kW combined Heat and Power plant running on used cooking oil, providing electricity and district heating for the University of Greenwich.

Financially, Aquafuel Research Ltd’s recent performance shows some concerning trends. Current assets have fallen by a significant 53%, dropping to £160,000, while net assets have plummeted 73%, reaching a deficit of £520,000. Bank borrowings have increased by 40%, reaching £19,000, and cash reserves have fallen 64%, leaving just £35,000. Creditors have increased by 21%, suggesting a reliance on external funding. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the sharp decline in equity is a cause for concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it’s burning through cash, and while its technology solutions appear promising, sustaining growth will depend on securing new contracts and managing its finances carefully.

Registered in England/Wales under the registration number 04140658, with a registered address at TN27 8PJ, Ashford, Kent, Unit 10 Marley Farm Headcorn Road, Smarden.

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