Nerg Limited

Nerg Ltd from Lincoln UK: a small holding company with an active status, was founded eleven years ago in 2014. Employing twenty-one people, the company holds assets totaling £1,388,772 and operates from a real address. It’s managed by three directors and owned by Nerg Holdings Ltd. Nerg Ltd regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last four months.

The company’s website highlights its role as a renewable energy solutions provider, specializing in combined heat and power (CHP), biomass installation, commercial heat pumps, and solar PV. NerG Heat and Power Solutions, as it’s branded, offers services ranging from initial consultation to installation and maintenance, targeting commercial, industrial, and agricultural clients. Their website showcases a portfolio of projects, including installations at farms and businesses, and emphasizes a commitment to reducing energy costs and carbon footprints. The company even has a showroom in Harrods, London.

Financially, Nerg Ltd's recent report reveals a mixed picture. Cash reserves decreased significantly by 59%, dropping to £92,000. Bank borrowings, however, increased slightly to £18, and creditors decreased by 28%, suggesting improved debt management. Net assets also declined by 5.4% to £1,000,000. Trade debtors decreased by 8%, and current assets fell by 15% to £1,400,000. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor in the report, which is typical for smaller, exempt companies.

The decrease in cash reserves and net assets could indicate that Nerg Ltd is reinvesting in its business to expand its services or secure new projects. The company's focus on renewable energy solutions, combined with its established presence in the East Midlands and Southern Yorkshire, positions it well for future growth—although careful management of its finances will be crucial.

Registered in England/Wales under the registration number 08959309, with a registered address at LN5 9LA, England, Lincoln, Willow Tree Farm Water Lane, Bassingham.

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