Good Energies Ltd

Good Energies Ltd is a small, holding company based in London, UK, with an active status. Founded five years ago in 2020, the company employs just one person and boasts three directors and a single owner. It’s a regular importer, primarily of optical and medical tools and devices, with eight months of import activity recorded, the last operation taking place in November 2021.

The company operates in the human health activities and retail sectors, and its website reveals a focus on renewable energy solutions. Good Energy positions itself as the UK's only B Corp certified home energy supplier, offering heat pumps, solar panels, batteries, and EV charging services. The website emphasizes transparency, with a "Good Green Supply" standard revealing the metrics that matter in renewable energy. It even has a section dedicated to customer reviews and a blog offering energy-saving tips.

Financially, Good Energies Ltd shows a mixed picture. Total assets decreased by 26% to £2.8 million, while net assets also fell by 26% to £2.8 million. Cash bank on hand plummeted 87% to just £93,000, and debtors dropped significantly by 86% to £180,000. On a positive note, creditors decreased by 25%, suggesting improved debt management. The company meets two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), which helps maintain agility. The accounts were audited by Shahmoon & Co, and the auditor's report highlights a negative equity and net current asset position, but notes the company’s profitability in 2023 and the parent company’s long-term advance and guarantee.

While the company’s renewable energy focus and B Corp certification are attractive, the financial figures suggest it’s facing some challenges. The sharp decrease in cash reserves and the reliance on parent company financing raise concerns about its long-term sustainability.

Registered in England/Wales under the registration number 12488692, with a registered address at SE1 8RT, United Kingdom, London, 9.17 15b Capital Tower 91 Waterloo Road.

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