Charge-m8 Limited

Charge M8 Limited is a small, active company based in Sale, UK, founded seven years ago in October 2017. With three employees and £93,125 in assets, it operates from a real address at the Mirwell Business Centre. The company has two directors and one owner, Smith Julian. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with the last import recorded in December 2024.

The company’s website, Charge Point Sparky, focuses on connecting EV owners with qualified installers. It's a directory service, offering a platform to find local installers, browse reviews, and access resources like a free guide to EV ownership. The site emphasizes the benefits of using local tradespeople – competitive pricing, direct communication, and accurate quotations – and even offers support and repair options. The site's design and content suggest a focus on user experience and building trust within the growing EV market. It's clearly not an e-commerce site itself, but a lead generation tool for installers.

Financially, Charge M8 Limited shows a mixed picture. While cash reserves have increased significantly by 1400%, reaching £12,000, net assets have decreased by 270%, settling at -£150,000. Creditors have risen dramatically by 260%, reaching £350,000, and bank borrowings have fallen by 66%, now at £1,900. Average employee numbers have doubled to six, which could be a sign of growth or increased workload. The company’s small size (meeting two of three criteria for being small) helps keep overheads low, but the substantial increase in liabilities suggests it's burning through money, perhaps investing heavily in marketing or expanding its platform. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Charge M8 Limited appears to be a dynamic startup in a rapidly expanding market. While the financials reveal some challenges, its focus on connecting EV owners with installers and its user-friendly website position it well for future growth, although it's important to keep an eye on its liabilities.

Registered in England/Wales under the registration number 11036724, with a registered address at M33 5NL, England, Sale, Mirwell Business Centre Mirwell House, Carrington Lane.

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