Naked Energy Limited

Naked Energy Ltd from Dereham UK: small company, active status, founded 15 years ago, 18 employees, £10,522,415 assets, virtual address, 5 directors, no owners. Regular importer of electrical machinery and equipment (13 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (18 months exported). 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 other business support service activities n.e.c. industries.

The company's website, Naked Energy, positions itself as a renewable energy installer and specifier. It's a hub for information on heat pumps, solar panels, battery storage, EV charging, and hydrogen solutions. The site features case studies, training certifications, and news updates on the renewable energy sector. It seems to be primarily an informational website, not an e-commerce platform—it doesn's sell products directly, but rather connects potential customers with installers and suppliers. There are regular news updates, and a section dedicated to events, suggesting a focus on industry networking and promotion.

Financially, Naked Energy Ltd shows some interesting trends. Current assets increased significantly by 170%, reaching £11 million—a positive sign of improved liquidity. However, net losses deepened, falling 400% to -£9.9 million. Bank borrowings increased by 200%, reaching £1.2 million, and cash reserves fell 30% to £1.7 million. Creditors decreased by 10%, suggesting better debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The unaudited figures rely on director-reported data, and there's no auditor mentioned.

The company's growth in assets and imports suggests expanding operations, but the increasing losses and reliance on borrowing indicate potential financial pressures. The virtual address, shared by twenty-five other companies, is a bit of a red flag, but it's common for small UK businesses. Overall, Naked Energy Ltd appears to be navigating a challenging environment, balancing growth with financial stability.

Registered in England/Wales under the registration number 07013158, with a registered address at RH10 9QL, England, Crawley, West Sussex, Crawley Innovation Centre Crawley Business Quarter, Fleming Way.

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