Boston Energy Limited

Boston Energy Limited, based in Hessle, UK, is a holding company with an active status, established thirteen years ago in 2011. The company employs 220 people and holds assets worth £16,876,152. With three directors and one owner, Boston Energy operates from a real address and maintains a respectable 4.0-star Google rating based on eleven reviews. The company regularly imports electrical machinery and equipment, with nineteen months of import activity recorded, and has irregularly exported similar equipment, with one month of export activity.

The company's website reveals Boston Energy to be a technical service and training provider for the wind energy sector. It offers a range of services, including preassembly, installation, commissioning, and maintenance, alongside training programs and recruitment services. The website highlights a focus on safety, quality, and a "one-team" approach, working with clients worldwide. They even boast partnerships with major players like GE and Vestas, undertaking significant projects like the Dogger Bank wind farm.

Financially, Boston Energy Limited presents a mixed picture. Current assets increased by a substantial 90%, reaching £17 million, while net assets grew by 23%, settling at £7.6 million. However, bank borrowings surged by 250%, reaching £2.5 million, and cash reserves decreased by 3.4%, settling at £2.7 million. Creditors also increased by 240%, reaching £9.6 million. The company's average number of employees jumped 59%, to 350, suggesting expansion. There is no auditor mentioned, likely due to the company's size.

The increase in bank borrowings and creditors, alongside the decrease in cash reserves, suggests Boston Energy may be investing heavily in its operations or facing cash flow challenges. The company’s growth in employees and the expansion of its services indicate a positive trajectory, but the financial data warrants careful monitoring.

Registered in England/Wales under the registration number 07756008, with a registered address at HU13 0LH, United Kingdom, Hessle, East Yorkshire, Westcott House Hesslewood Office Park, Ferriby Road.

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