Energy Technology And Control Limited

Energy Technology and Control Ltd, based in Lewes, UK, is a small, active company established 36 years ago. With 14 employees and £3,276,657 in assets, it’s a well-established player in its sector. The company has three directors and two owners, though the list of owners changed a year ago. It operates from a real address, with only eight other companies registered there, suggesting a genuine location.

The company specializes in combustion control technology, designing and manufacturing electronic burner controls for industrial applications. Its website highlights products like burner management systems and air-fuel ratio controllers, targeting a global market. It also offers peripherals and services like piano restoration – a surprising diversification. The website is well-designed and professional, indicating a focus on customer engagement.

Financially, Energy Technology and Control Ltd presents a mixed picture. Current assets increased slightly to £3.3 million, while net assets also rose to £3.1 million. However, bank borrowings increased by 2400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, which is a positive sign. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 250 employees. The unaudited financial statements don’t mention an auditor.

The company’s import activity is irregular, with a focus on optical and medical tools and devices for just two months, the last in 2016. Export activity is more consistent, with seven months of exports, also ending in 2016. The increase in bank borrowings, despite the rise in assets, suggests the company might be investing in growth or facing some short-term cash flow challenges. It's possible the diversification into piano restoration is impacting the core business financially, or it’s a long-term strategy.

Registered in England/Wales under the registration number 02277937, with a registered address at BN7 2BY, England, Lewes, Caburn House, Brooks Road.

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