Energi Cable Engineering Limited

Energi Cable Engineering Ltd, based in Laindon, UK, is a small, active company founded six years ago in 2018. With eleven employees and £3,228,872 in assets, it operates from a real address and is overseen by three directors and three owners. The company regularly imports electrical machinery and equipment—nine months of activity recorded—while exporting irregularly, with just one month of activity noted. It’s a fairly small operation, meeting two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company specializes in high voltage cable systems, offering design, specification, procurement, and engineering services both onshore and offshore. Its website highlights expertise in cable restoration, new technologies, and even boasts an innovation team. Energi Cable Engineering positions itself as a leader in specialised high voltage cable systems, aiming for a global reach. It also has a showroom in Harrods, London.

Financially, Energi Cable Engineering Ltd demonstrates a mixed picture. Current assets increased by a significant 57% to £3,200,000, while net assets also grew by 17% to £1,500,000. However, bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors ballooned by 93%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's growth in assets and net assets is encouraging, but the increase in borrowings and decrease in cash reserves suggests it might be burning through money to fuel expansion. Whether this is a sustainable strategy remains to be seen, but for now, Energi Cable Engineering Ltd is betting on its specialised expertise and global reach to turn the tide.

Registered in England/Wales under the registration number 11617007, with a registered address at SS15 6PX, England, Laindon, Essex, 1 Wrexham Road.

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