Pyrogenesys Ltd

Pyrogenesys Ltd, based in Birmingham, UK, is a small, active company founded seven years ago. With six employees and £269,186 in assets, it’s a modest operation led by a single director and owner, boasting a stellar 5.0 Google rating from two reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago in July 2023.

The company’s website reveals a focus on providing energy access to off-grid communities in Sub-Saharan Africa. It’s developing a patented technology that converts agricultural and food waste into renewable electricity, heat, and biofuels. They build international consortia to create circular economy supply chains and offer specialist mapping services to detect biomass resources. The company currently has projects underway in Nigeria, Liberia, Sierra Leone, and Ethiopia, aiming to implement their vision across the region.

Financially, Pyrogenesys Ltd presents a mixed picture. While cash bank on hand increased by 29% to £210,000, net assets decreased by 13% to -£91,000. Bank borrowings remained stable at £9,600, but trade debtors dropped significantly by 64%, suggesting potential payment issues. Creditors also decreased by 51%, which could indicate improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in average employees from six to twelve is notable, perhaps reflecting growth or increased workload. With no auditor mentioned, the financial statements are unaudited. It appears the company is working hard to scale its operations, but its negative equity suggests it’s still reliant on funding and faces financial challenges.

Registered in England/Wales under the registration number 10785329, with a registered address at B7 4BB, United Kingdom, Birmingham, Faraday Wharf, Holt Street.

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