Red Energy Solutions Ltd.
- Small
- Holding
- Active
- 14 years
- 2 employees
- £11,609 (assets)
- Real address
- 2 directors
- 1 owner
- Rating 5.0 (108)
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
Summary
Red Energy Solutions Ltd, based in Chorley, UK, is a small holding company with an active status, having been incorporated fourteen years ago in November 2010. The company employs just two people and holds £11,609 in assets, operating from a real address at 4 Clover Field, Clayton-Le-Woods. With two directors and one owner, and a stellar 5.0 Google rating from 108 reviews, it’s a well-regarded local business.
The company’s website, inforedelectrical.co.uk, positions itself as a provider of electrical installation services and a supplier of solar PV equipment. It’s not your typical e-commerce site; instead, it’s a resource-rich platform offering advice, troubleshooting guides, and a wide range of products, including Solis inverters, data loggers, and minor spares. The site emphasizes a “tradesman, not salesman” approach, catering to both DIY enthusiasts and professional electricians. The site’s content is extensive, covering everything from inverter faults to the importance of careful PV system design. It even features interactive fault diagnosis tools and customer reviews, reinforcing its reputation for expertise.
Financially, Red Energy Solutions Ltd’s recent report shows some concerning trends. Cash bank on hand has plummeted 85%, dropping to just £9,000, while current assets have shrunk by 81% to £12,000. Liabilities have also increased, with amounts owed to directors rising by a staggering 1500%, reaching £3,000. However, creditors have decreased by 73%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the significant drop in equity – 88% – raises questions about its long-term financial health. While the company is exempt from an audit, the unaudited figures provide a snapshot of its current state. It seems like the company is burning through cash, and while it has a strong reputation and a loyal customer base, it will need to address these financial pressures to ensure its continued success.
Registered in England/Wales under the registration number 07432081, with a registered address at PR6 7RP, Chorley, Lancashire, 4 Clover Field, Clayton-Le-Woods.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Cloverfield Properties Ltd
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Reid Sarah Jane
- 9 years
- 1
-
Resident of United Kingdom
-
Individual
- Reid Stuart Graham
- 14 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-11-30Download 8 pages pdf report
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Confirmation statement made on 2024-11-08 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-11-30Download 8 pages pdf report
FAQ about Red Energy Solutions Ltd.
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