Qbots Energy Ltd

Qbots Energy Ltd, based in Manchester, UK, is a small, active company founded seven years ago in 2018. With nine employees and £1,157,484 in assets, it’s a modest operation run by two directors and two owners. The company regularly imports electrical machinery and equipment, with nine months of import activity recorded, the last in May 2024.

Q Energy Home Services, the company’s website, reveals a focus on helping businesses cut costs and carbon emissions through AI-powered smart energy solutions. It offers services like NetZero consulting, smart battery tariffs, energy carbon management, and energy storage solutions. The website highlights a customer-centric approach, emphasizing tailored strategies and measurable results. They even have a six-step plan to boost energy strategies, from carbon reduction plans to reaping the rewards. The company also boasts 600 customer meters connected, 100GWh electricity volume optimized, and 4652kWh customer batteries deployed.

Financially, Qbots Energy Ltd shows a mixed picture. Cash reserves increased significantly by 160%, reaching £560,000, which is a positive sign. However, accrued liabilities increased by 2800%, reaching £2,800, and bank borrowings are down 100%, reaching zero. Creditors increased by 33%, reaching £50,000, and debtors are up 58%, reaching £470,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors suggests a need to manage debt. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. Loans from directors increased by 6500%, reaching £200, which is a surprising increase.

In short, Qbots Energy Ltd is showing growth in assets but needs to keep a close eye on its liabilities and manage its debts effectively. The company's focus on AI-powered energy solutions and its customer-centric approach suggest a promising future, but financial discipline will be key to its long-term success.

Registered in England/Wales under the registration number 11251050, with a registered address at M15 6SE, England, Manchester, 16 Williams House Lloyd Street North, Manchester Science Park.

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