Nel Acces Ltd

Nel Acces Ltd, from Ilford, UK, is a small, active company founded two years ago. With just £1 in assets and a yearly revenue of £6,351, it's a solo venture led by a single founder who also serves as director and owner. The company operates in the retail sale via mail order houses or via internet industries.

While small, Nel Acces Ltd has a real address and is registered with only one other company at the same location. The company’s financial data paints a picture of a business still in its early stages. Net assets are currently at -£410, and the company reported a loss of -£410. Bank borrowings are at £410. The company's turnover revenue was £6,400. It’s worth noting that the company is exempt from an audit as a small company.

The company’s website, Nel Hydrogen, is a completely different beast. It’s a large, established player in the hydrogen technology sector, focusing on electrolysers and related markets. The site is filled with information about products, markets, investor relations, and media coverage. There's a strong emphasis on innovation, sustainability, and partnerships. It’s interesting to see such a small company with a simple name associated with a much larger, more complex operation—though the connection isn't immediately clear.

The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely operating with minimal overhead. However, the negative equity and losses suggest it’s burning through cash. It's possible the founder is reinvesting profits back into the business to fuel growth, or perhaps the company is facing challenges in generating sufficient revenue.

Registered in England/Wales under the registration number 14621036, with a registered address at IG4 5AH, England, Ilford, 19 Studley Drive.

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