Radical Energy Limited

Radical Energy Limited, based in Leek, UK, is a small, active family business established sixteen years ago. With two employees and £187,402 in assets, the company operates from a real address and is managed by two directors and owners. It holds a respectable Google rating of 4.0 based on one review. The company is an irregular importer of electrical machinery and equipment, with its last import operation occurring one month ago.

The company's website is unavailable, making it difficult to determine its online presence or e-commerce activities. However, the company operates in the “other service activities n.e.c.” industries.

Financially, Radical Energy Limited presents a mixed picture. Cash reserves have seen a dramatic increase of 830%, jumping to £33,000—a positive sign. However, creditors have also risen significantly, with current financial instruments increasing by 110% and non-financial instruments by 20%. Trade debtors have also grown by 20%, suggesting potential challenges in collecting payments. Despite this, net assets have improved by 9.1%, reaching £86,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt warrants attention. The company is exempt from an audit, so the figures are unaudited.

The significant increase in cash reserves could be due to a successful project or a strategic decision to build up reserves. The rise in creditors, however, might indicate a reliance on short-term financing or delayed payments from customers. The company's financial health seems stable, but it's something to keep an eye on.

Registered in England/Wales under the registration number 06812561, with a registered address at ST13 8TY, Leek, Staffordshire, Upper Hulme Mill, Upper Hulme.

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