Enertecgreen Limited

Enertecgreen Ltd, based in Mirfield, UK, is a small holding company with an active status, established ten years ago. The company employs seven people and holds assets valued at £1,437,527. With two directors and one owner, it operates from a real address and maintains a relatively low profile. Enertecgreen regularly imports iron or steel products, with recent activity in May 01, 2024, and occasionally exports optical and medical tools and devices, last recorded in June 01, 2023.

The company’s activities are centered around the manufacture of industrial gases and the installation of industrial machinery and equipment. While a website isn't available to analyze, it's likely Enertecgreen operates primarily as a business-to-business supplier rather than engaging in direct e-commerce.

A review of Enertecgreen’s financial data reveals a mixed picture. While the company’s current assets have increased by a substantial 120% to £1.4 million, net assets have fallen by 110% to just £8,600. This significant drop in equity suggests the company may be reinvesting heavily in its operations, or potentially facing challenges in converting assets into cash. Bank borrowings have increased by 5.6%, and cash reserves have fallen by 61%. Creditors have risen by 65%, which could be a result of increased purchasing activity. The company’s average number of employees has increased by 57% to eleven, indicating expansion.

The company meets the criteria to be classified as a small company, with a turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. The significant decrease in equity, despite increased assets, warrants closer attention, though it could be a temporary situation. The company’s financial position seems to be in a state of flux, with growth in assets not translating into increased equity.

Registered in England/Wales under the registration number 09343711, with a registered address at WF14 0BS, United Kingdom, Mirfield, Atc Plant Lower Brighouse Wwt, Cooper Bridge Road.

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