Off Grid Energy Limited
- Small
- Holding
- Active
- 23 years
- 74 employees
- £11,575,183 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Off Grid Energy Limited, based in Rugby, UK, is a small holding company with an active status, having been founded 23 years ago in 2001. The company employs 74 people and holds assets totaling £11,575,183. It operates from a real address and is overseen by three directors and one owner. The company regularly imports and exports electrical machinery and equipment, with a history of 49 months of imports and 19 months of exports.
The company's website showcases a focus on affordable off-grid energy solutions, primarily through the sale of solar panels, inverters, and batteries. It's clear that Dee, the owner, built the business from a personal need to power remote internet service provider sites, eventually expanding to supply professionals and offering installation services, particularly in Northern Ireland. The website highlights a passion for off-grid solutions and emphasizes partnerships with popular brands to deliver quality products at competitive prices. It even offers a trade account with an 11% discount for limited companies.
Financially, Off Grid Energy Limited presents a mixed picture. While net assets increased by 3.7% to £11 million, cash reserves have plummeted 99% to a mere £630. Bank borrowings have also risen significantly, suggesting a reliance on external financing. Despite this, trade debtors have decreased, indicating improved collection of payments. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp decline in cash reserves is a cause for concern. The accounts are audited, and Kilsby & Williams LLP served as the auditor. The company’s focus on providing affordable solutions and its expansion into installation services may help it navigate these financial challenges, but the need to bolster cash flow is evident.
Registered in England/Wales under the registration number 04281871, with a registered address at CV21 2UX, England, Rugby, Warwickshire, 3 Stepnell Park, Lawford Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of Italy
-
Individual
- 3 years
- 1
-
Resident of Italy
-
Individual
- 3 years
- 1
-
Resident of Italy
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Confirmation statement made on 2024-06-18 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2023-09-30Download 10 pages pdf report
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Confirmation statement made on 2023-06-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Off Grid Energy Limited
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