Renewable Asset Limited

Renewable Asset Ltd from Belfast UK: a small holding company with an active status, was founded twelve years ago in 2012. It holds £323,472 in assets and operates from a real address shared by only one other company, suggesting a genuine location. The company has two directors and one owner, and regularly imports machinery, boilers, and mechanical appliances; parts, with the latest import activity recorded thirteen months ago in February 2024.

The company’s activities are closely linked to Renewable Power Capital, an investment platform focused on renewable energy and storage projects across Europe. The website details a mission to accelerate the transition to cleaner energy, developing, constructing, owning, and operating projects. It’s a vertically integrated business, encompassing development, construction, ownership, and operation. The platform boasts a substantial pipeline of 1.5 billion pounds, a 6.5 gigawatt pipeline, and operates across five countries. The website also features a team section highlighting experienced energy investment professionals, a news section with recent press releases, and project details, including UK-based multiple projects, Finnish locations, and Italian projects.

Financially, Renewable Asset Ltd presents a mixed picture. Current assets have decreased by 47% to £320,000, while net assets have fallen by 57% to -£100,000. Bank borrowings have increased significantly by 150%, reaching £13,000, and cash reserves have fallen 220% to £12,000. Creditors have also increased by 130%, reaching £14,000. 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 remain nimble, but the decline in equity raises concerns. The company’s auditor is PKF Francis Clark, and the financial statements are audited.

Registered in Northern Ireland under the registration number NI615617, with a registered address at BT2 7EP, Northern Ireland, Belfast, C/O Rsm The Ewart, 3 Bedford Square.

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