Entrust Microgrid Ltd

Entrust Microgrid Ltd, based in Thornton-Cleveleys, UK, is a small, active company founded six years ago. It employs eight people and holds £217,425 in assets. The company operates from a virtual address, registered to seventeen other businesses, and is led by a single director and owner, Liu Xiongwei. It's an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity occurring two months ago in 2021.

The company’s website highlights its focus on smart microgrid energy saving systems for the built environment. It offers a range of products and services, including bespoke microgrid design, EV charging solutions, and hybrid inverters. The website emphasizes energy efficiency, cost savings, and environmental commitments, catering to both businesses and homes. It also has a showroom in Lancaster and offers plug and play systems.

Financially, Entrust Microgrid Ltd’s numbers present a mixed picture. Accumulated amortisation of intangible assets increased by 43%, while depreciation of motor vehicles rose by 350%. Amounts owed to directors jumped significantly, increasing by 470%. Cash bank holdings decreased by 31%, and creditors surged by 220%. The company’s net assets also declined, falling by 30%. While trade debtors increased by 510%, this could be a sign of growth or a challenge in collecting payments. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decrease in equity is a concern. With no auditor mentioned, the figures are unaudited.

Overall, Entrust Microgrid Ltd seems to be navigating a period of change. The company’s focus on innovative microgrid technology is promising, but the financial data suggests it’s burning through money, and the reliance on a single founder could be a management risk.

Registered in England/Wales under the registration number 11724614, with a registered address at FY5 4JZ, England, Thornton-Cleveleys, 5a Marsh Mill Village, Fleetwood Road North.

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