Core Energy Systems Limited

Core Energy Systems Ltd, based in Hull, UK, is a small, active company founded four years ago. It employs just three people and holds £96,611 in assets. A family business with three directors and two owners, it operates from a real address and is a somewhat irregular importer of electrical machinery and equipment, with its last import activity recorded over two years ago.

The company's website highlights its focus on infrared heating systems, marketed under the brand "EcoHeatwave." It offers solutions for new builds, leisure facilities, and modular construction, emphasizing energy efficiency and reduced carbon emissions. The website also promotes water heating and solar PV partnerships, alongside smart control systems. Testimonials praise the ease of installation and efficiency of the EcoHeatwave system, positioning it as a "gamechanger" for onsite efficiency. The company's core business appears to be the manufacture and retail of heating solutions, with a focus on infrared technology.

Financially, Core Energy Systems Ltd presents a mixed picture. Accumulated depreciation on computer equipment has increased significantly, but cash bank on hand has seen a dramatic rise, jumping over 1300%. However, creditors have also increased substantially, and payments on account of inventories have turned negative. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in current assets and negative equity raise concerns. With no auditor mentioned, the financial data relies on unaudited statements. The company’s increase in debt could be a sign of expansion, but it also suggests a need to carefully manage cash flow.

Registered in England/Wales under the registration number 12674673, with a registered address at HU10 7TL, England, Hull, Rear Of 4 Packman Lane, Kirk Ella.

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