Enercret Ltd

Enercret Ltd, based in Cheadle, UK, is a small, active company founded seven years ago in 2017. Employing six people and holding £662,146 in assets, it operates from a real address and is managed by one director and one owner. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances; parts, with its last import activity recorded one month ago in April 2024. Enercret Ltd operates in the plumbing, heat, and air-conditioning installation industries.

Its website showcases a focus on geothermal energy solutions, offering services like detailed planning, construction of geothermal systems, and consulting. It also highlights expertise in commercial gas service, AC heat pump service, and turnkey heating and cooling systems. The website includes case studies, tools, and a reference list, demonstrating a breadth of experience across various sectors, including healthcare, logistics, and industrial facilities.

Financially, Enercret Ltd shows a mixed picture. Current assets have decreased slightly, by 0.6% to £660,000, while net assets have also declined by 14% to £270,000. Bank borrowings have decreased by 36% to £20,000, and cash reserves have fallen 30% to £84,000. Creditors have increased by 53% to £300,000, suggesting a possible reliance on trade credit. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The decrease in cash reserves and increase in creditors, while not alarming, could indicate a period of increased investment or potentially tighter cash flow. The company’s focus on geothermal energy, a growing sector, positions it well for future growth, but managing its financial health will be crucial.

Registered in England/Wales under the registration number 11151335, with a registered address at SK8 1QQ, United Kingdom, Cheadle, Cheshire, 17 Marrick Avenue.

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