Qbyss Ltd

Energy Research Lab Ltd, based in London, UK, is a small, active company founded six years ago in 2019. With six employees and £524,979 in assets, it operates from a virtual address – a detail flagged by the fact 836 companies share the same location. The company has three directors and two owners, and is an irregular importer of electrical machinery and equipment, with its last import activity recorded just one month ago.

The company’s website details a focus on ultra-efficient power conversion, aiming to accelerate the energy transition through innovative technologies. It highlights the inefficiencies of current power systems and positions its architecture as a new gold standard, minimizing power stages and delivering ultra-efficient conversion. Key areas of application include data centres (where it aims to reduce heat dissipation by 80%), commercial buildings (reducing energy waste and extending the life of luminaires), and other environments needing power supply conversion. The website is very well written, and the company seems to be focused on a very specific niche.

Financially, Energy Research Lab Ltd presents a mixed picture. While current assets increased slightly to £520,000, net assets plummeted 69% to £700,000. Bank borrowings increased significantly, and cash reserves fell 30%. Creditors also rose, suggesting a reliance on external funding. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for small, exempt companies. The company's equity has also decreased, which could be a sign of reinvestment or a need for additional funding. It's likely that the company is burning through cash, but it is also reinvesting in the business.

Registered in England/Wales under the registration number 11963576, with a registered address at WC2B 5AH, United Kingdom, London, 16 Great Queen Street, Covent Garden.

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