Electrogenic Ltd.

Electrogenic Ltd, based in Kidlington, UK, is a small, active company founded seven years ago in 2018. With eleven employees and £563,666 in assets, it’s a growing business operating from a real address. Two directors and two owners guide the company, which has been regularly importing and exporting electrical machinery and equipment for eleven and seven months respectively.

The company’s website reveals a fascinating specialization: converting classic cars into electric vehicles. Electrogenic isn't just selling parts; it's offering complete "drop-in" kits and bespoke conversion services for iconic models like the Jaguar E-Type, Land Rover, and even the DeLorean. They also work with defense contractors, providing electric vehicle solutions for the British Army. The website highlights partnerships with installers worldwide, showcasing a global network for their technology. It’s clear that Electrogenic is positioning itself as a leader in the niche market of electric classic car conversions, backed by proprietary software and electronics.

Financially, Electrogenic Ltd presents a mixed picture. While current assets increased by a healthy 83% to £560,000, net assets actually decreased by 61% to £-1,200,000. Bank borrowings decreased by 4.1% to £350,000, and cash reserves remained steady at £57,000. Creditors increased by 28% to £270,000. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant decrease in equity, however, suggests potential challenges or increased investment in the business. The lack of an auditor mentioned likely reflects the company’s exemption as a small entity, and the unaudited statements rely on director-reported data.

Overall, Electrogenic Ltd seems to be navigating a period of growth and investment, but the declining equity warrants close attention. The company’s unique specialization and global network, however, provide a strong foundation for future success.

Registered in England/Wales under the registration number 11250496, with a registered address at OX5 1JD, England, Kidlington, 1 Station Field Industrial Estate.

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