Nuergy Ltd.

Nuergy Ltd from Livingston UK: a small, active company founded eight years ago, employs just one person, and holds £81,559 in assets. It’s a solo-founded operation with a real address, overseen by a single director and owner. The business operates an e-commerce site and boasts a stellar 5.0 Google rating from 29 reviews, regularly importing electrical machinery and equipment—five months worth, the last in October 2024.

The company’s website, nuergy.co.uk, positions itself as Scotland's leading biomass boiler specialists, offering spares and service. They cater to both domestic and commercial clients, stocking parts for a wide range of brands like Froling, Hargassner, and ETA. The site emphasizes quick service, next-day special delivery, and a knowledgeable team—a clear focus on customer support and efficient operations. They also sell premium wood pellet fuel, highlighting the importance of quality fuel for reliable boiler performance.

Financially, Nuergy Ltd presents a mixed picture. Current assets have dropped significantly, down 50% to £82,000, while net assets have plummeted 51% to £31,000. Bank borrowings have decreased by 38%, and cash reserves have taken a dramatic hit, falling 300% to -£6,700. Creditors have also decreased, 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) allows for agility, but the substantial equity decline raises questions. No auditor is mentioned, likely due to small company exemption, so the figures are unaudited.

Overall, Nuergy Ltd is navigating some financial challenges, despite a strong online presence and positive customer reviews. The business is clearly focused on its niche market of biomass boiler parts and service, but needs to address the recent decline in cash reserves to ensure long-term sustainability.

Registered in Scotland under the registration number SC547068, with a registered address at EH53 0LQ, Livingston, West Lothian, James Young House Drumshoreland Road, Pumpherston.

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