Erre Due Uk Ltd

Erre Due Uk Ltd is a small, active company based in Stourbridge, UK, founded thirteen years ago in 2011. With just one employee and £27,546 in assets, it’s a solo founder operation led by a single director and owner. The company operates from a virtual address—where seventy-six other companies are registered—and is classified as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity occurring two months ago in December 2023.

The company’s website, generatoridigas.it, reveals a much larger operation focused on industrial gas generation. Erre Due specializes in designing, manufacturing, and installing gas generators for various industries, including laboratories, industrial plants, and even energy transition projects. They offer solutions for cutting laser, treating metals, welding, and serving sectors like food, wine, renewable energy, pharmaceuticals, jewelry, and shipbuilding. The site also highlights a commitment to innovation, with technologies like PEM and HMV, and even a focus on investor relations, detailing corporate governance, financial performance, and investor contact information.

Financially, Erre Due Uk Ltd presents a mixed picture. Current assets have decreased significantly by 57%, dropping to £28,000, while net assets have also plummeted by 54%, settling at £16,000. Bank borrowings have seen a dramatic increase, surging 2,400% to reach £29,000, and cash reserves have fallen 6.8% to £1,800. Creditors, however, have decreased by 57%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity raises concerns. The company is exempt from an audit, so the figures are unaudited.

While the parent company, Generatori di Gas, appears to be a thriving, technologically advanced enterprise, Erre Due Uk Ltd’s financials suggest it’s facing some challenges. The company’s reliance on a virtual address and the lack of employee data further complicate the picture.

Registered in England/Wales under the registration number 07670971, with a registered address at DY8 1LU, Stourbridge, West Midlands, 15-17 Church Street.

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