Greenworks Power Uk Ltd

Greenworks Power UK BatteryOnly Energy Storage System is a small, active company based in Birmingh, UK, founded two years ago in May 3, 2023. With £940,380 in assets and a real registered address, it employs just two people and is managed by three directors, with one owner, Chen Yin. The company is a regular importer of electrical machinery and equipment, with four months of import activity recorded.

The company’s website focuses on residential and commercial energy storage solutions, specifically battery systems for homes and businesses. It outlines a three-step process: collecting energy from solar panels or the grid, converting and supplying power to appliances, and managing energy use through a smart app. Greenworks Power positions itself as a member of the Globe group, offering advanced battery storage technology and emphasizing sustainability and innovation. The website also features a blog with articles on renewable energy and business success.

Financially, Greenworks Power UK shows a mixed picture. While the company holds a substantial £940,000 in current assets, its equity sits at a negative £200,000. Bank borrowings are steady at £240,000, and creditors are also at £240,000. Cash reserves are a modest £74,000. 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. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s focus on battery storage, combined with its relatively small size, suggests it’s a startup still navigating the market. The negative equity is concerning, but the substantial asset base indicates potential. Whether Greenworks Power can capitalize on the growing demand for energy storage remains to be seen.

Registered in England/Wales under the registration number 14842640, with a registered address at B36 9DE, United Kingdom, Birmingh, Castle Bromwich Hall Estate, Chester Road.

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