Global Energy Distribution Limited

Global Energy Distribution Limited is a small, active company based in London, UK, founded 14 years ago in 2010. With just one employee and £95,021 in assets, it operates from a virtual address shared by 68 other companies, which is a bit unusual. The company is led by a single director and owner, Kane Michael, who also appears to be the solo founder. It runs an e-commerce site and regularly imports optical and medical tools and devices, with the last import operation recorded three months ago in November 2020.

The company’s website, victoryhill.com, reveals a much larger operation: VH Global Energy Infrastructure Plc, an investment company focused on supporting the global energy transition. It invests in sustainable energy technologies and aims to provide shareholders with a progressive income stream and capital growth. The website is very detailed, with information on the investment strategy, board of directors, and portfolio, but it’s primarily targeted at professional investors and is restricted to those in the UK. The site also includes a lot of news and media content, including articles on the UK energy grid and renewable energy portfolios.

Financially, Global Energy Distribution Limited shows a mixed picture. Cash reserves have skyrocketed by 20,000%, reaching £45,000, while current assets increased by 170% to £95,000. However, net assets have dramatically improved, jumping from -£66,000 to £11,000. Trade debtors have also increased by 44%, reaching £50,000. Bank borrowings have decreased significantly, and creditors have fallen by 17%. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the significant improvements in net assets suggest a period of financial stabilization. The company is exempt from an audit as a small company, so the figures are unaudited.

The sharp increase in cash reserves, coupled with the decrease in liabilities, suggests that Global Energy Distribution Limited may be experiencing a period of improved financial health. However, the company's reliance on a single director and owner, and the virtual address, could pose risks. The parent company, VH Global Energy Infrastructure Plc, seems to be thriving, and it’s unclear how closely the two are linked, but both emphasize British investment and sustainable energy.

Registered in England/Wales under the registration number 07422885, with a registered address at SW18 4EJ, England, London, 320 Garratt Lane.

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