Nirva Energy Ltd

Nirva Energy Ltd, based in Chasetown, UK, is a small, active company founded three years ago. With just three employees and £1,953,418 in assets, it’s a solo-founded operation managed by two directors and one owner. The company regularly imports mineral fuels, oils, and related products – a consistent activity spanning four months, with the latest import recorded in December 2024. It also exports various textile products, sets, used clothing, and rags, though this is an irregular activity with just one month of exports reported in September 2024.

The company’s website highlights a focus on physical fuel supply solutions for marine and inland markets, emphasizing quality fuels, reliable supply, and personable service. It caters to a range of sectors, including marine, commercial, and industrial businesses, offering services like fuel distribution, green energy provision, and bulk cargo sourcing. The site’s content suggests a focus on expertise and customer relationships, with detailed explanations of its offerings and a blog providing industry insights.

Financially, Nirva Energy Ltd’s recent performance presents a mixed picture. Cash bank on hand decreased by 16% to £370,000, while net assets liabilities increased by 270% to £730,000. Creditors have surged by 95% to £1.6 million, and trade debtors have ballooned by 250% to £1.6 million – a significant jump that could indicate a period of rapid growth or potential payment issues. On the positive side, current assets have increased by 120% to £2 million, and property, plant, and equipment have risen by 79% to £830,000. The company meets two of three conditions to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s growth in debtors and creditors suggests it’s expanding its operations, but it’s also taking on more financial risk. Whether this is sustainable in the long term remains to be seen, but for now, Nirva Energy Ltd appears to be a dynamic player in the fuel supply market.

Registered in England/Wales under the registration number 13869934, with a registered address at WS7 4QH, England, Chasetown, Staffordshire, 12-14 Queen Street, Burntwood.

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