Ineco Energy Limited

Ineco Energy Ltd from Kenilworth UK is a small holding company, currently active, and celebrating eight years since its founding in 2016. With ten employees and £2,106,168 in assets, it operates from a real address at Stoneleigh Park. The company has two directors and three owners, and enjoys a stellar 5.0 Google rating based on six reviews. It’s an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago.

Ineco Energy’s website showcases a focus on renewable energy solutions for businesses. They offer commercial solar LED lighting, renewable energy systems, solar carports, and battery storage, catering to sectors like manufacturing, leisure, real estate, education, and council services. The company also provides feasibility assessments, development, construction, and ongoing operation and maintenance services. Their website even features case studies and a carbon calculator, demonstrating a commitment to customer engagement.

Financially, Ineco Energy Ltd presents a mixed picture. While cash reserves increased by 30% to £960,000, net assets rose by a substantial 81% to £1,000,000, and current assets grew by 81% to £2,100,000, there are some concerning trends. Trade debtors ballooned by 240% to £1,100,000, suggesting potential issues with customer payments. Creditors also increased significantly, by 73% to £1,200,000, which could indicate increased borrowing or supplier costs. Depreciation charges increased by 150% to £52,000, which may be due to increased investment in property, plant, and equipment. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt warrants further observation. As a small company, Ineco Energy Ltd is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 10477244, with a registered address at CV8 2LG, England, Kenilworth, Warwickshire, Rural Innovation Centre Ave H, Stoneleigh Park.

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