Nibe Energy Systems Limited

Nibe Energy Systems Ltd, based in Chesterfield, UK, is a sizable holding company with an active status, having been established nineteen years ago. The company employs thirty-nine people and holds assets valued at £7,364,984, generating a yearly revenue of £14,162,411. It’s managed by five directors and has one owner, and currently holds a 3.0 rating on Google based on thirty-eight reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with eighty-five months of import activity, and exports electrical machinery and equipment, with thirteen months of export activity.

The company's website paints a picture of a business focused on renewable heating solutions. Nibe Energy Systems Ltd promotes its heat pumps, solar products, ventilation systems, and hot water cylinders, targeting both homeowners and professionals. The site emphasizes energy efficiency, sustainability, and smart technology, positioning Nibe as a leader in the transition to greener heating. It’s clear that the company operates primarily as a distributor and information provider, with a focus on guiding customers through the process of selecting and installing heat pump systems. There's no obvious e-commerce functionality, suggesting that sales are handled directly through a network of installers. Freddie Ljungberg, a former Arsenal and Swedish football legend, serves as a brand ambassador, further boosting the company’s visibility.

Financially, Nibe Energy Systems Ltd shows some concerning trends. While turnover remained relatively stable, net assets decreased by 32%, falling to £4,100,000. Cash bank on hand also took a hit, dropping 31% to £1,300,000. Bank borrowings increased, and provisions for liabilities grew significantly. Despite these challenges, creditors decreased, indicating improved debt management. The company’s size (meeting two of three criteria for a large company) suggests it’s operating in a competitive market, and the decrease in equity may reflect investments in growth or perhaps a period of lower profitability. No auditor is mentioned, which is common for companies of this size.

Overall, Nibe Energy Systems Ltd appears to be a well-established player in the UK heat pump market, but the recent financial data suggests it's facing some headwinds. The company's focus on sustainability and its brand ambassador could help it navigate these challenges, but close monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 05764775, with a registered address at S41 9QG, Chesterfield, Derbyshire, Unit 3c Broom Business Park, Bridge Way.

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