Biosol Renewables Uk Ltd

Biosol Renewables UK Ltd, based in Ammanford, UK, is a small, active company founded ten years ago. With nine employees and £2,513,151 in assets, it operates from a real address and is led by two directors and a solo founder. The company irregularly imports organic chemicals, with the last import operation occurring one month ago in October 2023.

The company's website highlights its focus on renewable energy solutions, specializing in biomass boilers and wood fuel. It positions itself as a pioneering company harnessing organic waste materials to produce clean energy, offering services from planning and installation to aftercare and maintenance. It’s clear they’re targeting businesses and communities seeking cost-effective and environmentally friendly energy solutions, with a particular emphasis on the Renewable Heat Incentive scheme. They even have a showroom in Harrods, London.

Financially, Biosol Renewables UK Ltd shows a mixed picture. While current assets rose by 9.1% to £2,500,000, net assets increased by 21% to £1,900,000. However, bank borrowings decreased by 22%, and cash reserves plummeted 90% to just £39,000. Trade debtors rose significantly by 170%, suggesting a potential increase in outstanding payments, and creditors increased by 44%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash reserves warrants attention. No auditor is mentioned, which is common for small companies.

Overall, Biosol Renewables UK Ltd seems to be navigating a period of change. The increase in debtors may indicate growth, but the decrease in cash reserves suggests a need for careful financial management. The company’s focus on renewable energy and its commitment to customer service position it well for the future, but its ability to manage its finances will be crucial for long-term success.

Registered in Wales under the registration number 09067308, with a registered address at SA18 2YT, Ammanford, Carmarthenshire, Tir Powell Ddu Farm Nant Y Glyn Road, Glanamman.

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