Aurora Energy Group Limited

Aurora Energy Group Limited, based in Grays, UK, is a small, active company founded two years ago. With five employees and £109,259 in assets, it operates from a virtual address shared by thirty-four other companies, a detail that raises some questions. The company has three directors and two owners, with ownership details changing nine months ago. It's an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago in May 2023. The company’s core business involves wholesale of other machinery and equipment.

The company's website, auroraenergygroup.co.uk, is a dedicated online platform for solar PV kit installers. It offers a range of products including inverters, mounting systems, batteries, and EV chargers, with a focus on trade pricing and direct delivery to job sites. The site boasts ongoing technical and marketing support for installers, and even offers an exclusive discount for first-time buyers. It’s clear that Aurora Energy Group is positioning itself as a one-stop shop for solar panel installation, with a focus on trade customers.

Financially, Aurora Energy Group Limited shows a mixed picture. Current assets have increased by 16% to £110,000, while net assets have increased by 63% to £65,000. Cash reserves have also increased by 16% to £110,000. Bank borrowings have decreased by 100%, reaching zero, which is a positive sign. However, creditors have decreased by 19%, suggesting that the company is managing its debts well. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The company is exempt from an audit, relying on unaudited financial statements.

Overall, Aurora Energy Group Limited appears to be financially stable, with growing assets and reduced debt. The company's focus on the solar PV market, combined with its online sales model, suggests a promising future.

Registered in England/Wales under the registration number 14558303, with a registered address at CM3 3HH, England, Chelmsford, Essex, Barn 1 Paynes Lane.

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