Herriard Bio Power Limited

Herriard Bio Power Ltd from Basingstoke UK: small company, holding company, active status, founded 12 years ago, 6 employees, £2,554,544 assets, real address, 3 directors, 1 owner, google rating 4.0 based on 13 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (25 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the production of electricity industries. The top import category of the regular importer Herriard Bio Power Limited is Machinery, boilers, and mechanical appliances; parts, totaling 25 months of imports. The last import operation was conducted on February 01, 2025.

While a website isn't available to analyze, the company’s name suggests a focus on bio-power generation – likely converting organic matter into electricity. It's possible they supply electricity to the grid or provide power solutions for specific industrial clients. Without a website, it’s difficult to determine if they engage in e-commerce or offer any online services.

Financially, Herriard Bio Power Ltd presents a mixed picture. Current assets have increased by a significant 77% to £2.6 million, which is good. However, net assets have decreased by 36% to -£6.9 million, a concerning trend. Bank borrowings have increased by 61%, reaching £6.9 million, and cash reserves have increased by 190% to £230,000. Trade debtors have risen dramatically by 130%, suggesting potential issues with customer payments. The company’s small size helps it stay agile, but the large net asset decline raises questions. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

In short, Herriard Bio Power Ltd is showing growth in assets, but the negative equity and rising debt are a cause for concern. The company’s focus on bio-power generation could be a niche market with high barriers to entry, but managing its finances will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 08453453, with a registered address at RG21 4HG, England, Basingstoke, C/O Rke Biogroup Ltd, Belvedere House, Basing View.

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