Renove Limited

Renove Ltd, based in Ellesmere Port, UK, is a small, active company established nineteen years ago. With just two employees and £33,206 in assets, it's a modest operation overseen by one director and two owners. The company boasts a perfect 5.0 Google rating based on two reviews, a testament to its customer service. Renove Ltd is a regular importer, specializing in machinery, boilers, and mechanical appliances—parts, with 22 months of import activity recorded, the latest in March 2025.

The company’s website reveals a focus on biomass heating systems for the trade. Renove Ltd supplies and supports these systems, offering a range of products from leading manufacturers, including wood pellet boilers, wood chip boilers, and log boilers. They provide turn-key solutions, prefabricated plant rooms, and comprehensive support services, including repair, parts supply, and ongoing maintenance. The website also highlights Renove Biomass Care, offering service contracts to ensure reliable and efficient heating systems. They even have a showroom in Harrods, London.

Financially, Renove Ltd presents a mixed picture. Current assets have declined by 39% to £33,000, while net assets have fallen 7.1% to -£41,000. Cash reserves have taken a significant hit, decreasing by 98% to just £200. Bank borrowings have increased by 2,400%, reaching £29,000. Creditors have decreased by 32%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity raises concerns. The company is exempt from an audit, so the figures are unaudited.

Overall, Renove Ltd appears to be navigating a challenging financial climate, despite its strong reputation and specialized services. The decrease in cash reserves and increase in borrowing suggest the company is burning through money, but the decrease in creditors hints at better debt management.

Registered in England/Wales under the registration number 05652732, with a registered address at CH65 9BF, England, Ellesmere Port, Unit A4, Dover Drive.

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