Futurenergy Ltd

Futurenergy Ltd from Stratford Upon Avon, UK, is a small, active company founded nineteen years ago in 1995. With five employees and £517,307 in assets, it’s a modest operation managed by four directors, though there are no reported owners. The company holds a stellar 5.0 Google rating based on nine reviews, a testament to its customer service. Futurenergy regularly imports electrical machinery and equipment, with four months of import activity recorded, and occasionally exports optical and medical tools and devices, with just one month of export activity.

The company’s website reveals a focus on waste biomass pyrolysis, aiming to “maximize profits” and promote sustainability. It offers a “PyroFlex” pyrolysis technology that transforms waste materials into valuable products, partnering with Aston University to deliver tailored solutions for organizations seeking to reduce costs and boost revenue. The website highlights the West Midlands Innovation Accelerator and the Urban Biochar Demonstrator, suggesting a focus on regional development and clean technology projects. It’s clear that Futurenergy is targeting industrial clients looking to decarbonize their operations and generate revenue from residual waste.

Financially, Futurenergy Ltd presents a mixed picture. Current assets have decreased slightly, falling by 2%, while bank borrowings have increased by a significant 2,400% to £29,000. Cash reserves have also decreased by 76% to £11,000. Despite this, creditors have decreased by 28%, indicating improved debt management. The company meets the criteria for a small company, with a turnover under £10.2m, assets under £5.1m, and fewer than 9 employees. The lack of an auditor mentioned likely means the financials are unaudited.

Overall, Futurenergy Ltd appears to be navigating a period of change. While the company’s innovative technology and focus on sustainability are promising, the sharp increase in borrowings and decrease in cash reserves suggest it’s burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen—but the company’s focus on waste biomass pyrolysis and its partnerships with leading research institutions position it for potential growth in the coming years.

Registered in England/Wales under the registration number 05583557, with a registered address at CV37 8NE, England, Stratford Upon Avon, Warwickshire, Suite 3 1a & 1b Atherstone Barns, Atherstone On Stour.

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