Fuel Cell Systems Ltd

Fuel Cell Systems Ltd, based in Hungerford, UK, is a small holding company with an active status, having been incorporated fourteen years ago in October 2010. The company employs nineteen people and boasts assets of £8,015,919. It operates from a real address and is overseen by seven directors and one owner. Notably, the company regularly imports and exports electrical machinery and equipment, with 106 months of import activity and 27 months of export activity recorded.

The company's website showcases a focus on hydrogen power solutions, offering a range of hydrogen refuelling options and fuel cell products. It caters to various offgrid applications, including leisure and professional use, and even offers bespoke hydrogen integration projects. News updates highlight recent moves to larger premises, participation in industry events like Hannover Messe, and collaborations with other companies. The site also features case studies, resources, and contact information.

Financially, Fuel Cell Systems Ltd shows some interesting trends. Cash reserves declined by 18% to £2.6 million, while trade debtors decreased by 32% to £1.4 million. Creditors increased significantly by 140% to £34 million, and net losses deepened. Bank borrowings remained stable at £97,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors suggests a need to manage cash flow more effectively. Average employee numbers increased by 47% to twenty-eight, which could be a positive sign of growth, but also adds to operational costs. With no auditor mentioned, the figures rely on unaudited statements. The company’s financial data indicates a period of transition, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 07411241, with a registered address at RG17 0DY, England, Hungerford, Unit 3 Station Yard, Station Road.

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