Gozero Limited

Gozero Limited is a small, active company based in Egham, UK, founded eight years ago in 2017. With nine employees and £121,560 in assets, it operates as an irregular importer of electrical machinery and equipment, with its last import activity recorded just one month ago in July 2024. The company’s registered address is real, with only two other companies registered there, and it’s led by two directors and one owner, Wells David James.

The company’s website, Go Zero Charge, focuses on providing smart EV charging solutions for homes, holiday lets, hotels, and workplaces. It offers a range of chargers, software, and services aimed at making EV charging affordable and convenient. The site highlights the benefits of its chargers, such as off-peak charging schedules, solar energy integration, and heartbeat monitoring. It also features articles and tips for EV owners, demonstrating a focus on education and customer support.

Financially, Gozero Limited’s recent performance shows some concerning trends. Current assets have significantly dropped by 46% to £120,000, while net assets have plummeted 140% to -£920,000. Bank borrowings have increased, and cash reserves have decreased dramatically. Creditors have also risen substantially. 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 for flexibility, but the sharp decline in equity raises questions about its financial health. The lack of an auditor mentioned suggests unaudited accounts, relying on director-reported data.

Despite these challenges, Gozero Limited appears to be actively pursuing growth through its EV charging solutions. The company’s website and marketing materials showcase a commitment to innovation and customer service, but its financial performance suggests it’s burning through money like a startup.

Registered in England/Wales under the registration number 10627533, with a registered address at TW20 8RB, England, Egham, Surrey, Unit 9 Egham Business Village, Crabtree Road.

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