Sinewave Energy Solutions Limited

Sinewave Energy Solutions Ltd from Swindon UK: a large company, holding company, active status, founded 9 years ago, 64 employees, £17,495,648 assets, yearly revenue: £20,313,740, real address, 6 directors, 2 owners, google rating 5.0 based on 3 reviews. Irregular importer of electrical machinery and equipment (1 months imported).

Sinewave Energy Solutions Ltd operates as an independent connections provider (ICP) delivering end-to-end infrastructure network solutions across the UK. The company's website showcases a broad range of services, from design and consultancy to grid connections, construction, testing, commissioning, operations, and maintenance, with a particular focus on EV charging infrastructure. They serve various sectors, including industrial, commercial, renewables, and even offer an academy for training. Case studies highlight their work with supermarket chains and battery storage facilities, demonstrating their experience in electrical installations.

The website clearly indicates an e-commerce element is absent; Sinewave functions as a service provider, not a retailer. Their focus is on project delivery and ongoing support, rather than selling products directly to consumers. The site's structure, with dedicated sections for services, sectors, and case studies, reinforces this business model.

Financially, Sinewave Energy Solutions Ltd appears to be experiencing significant growth, but also some challenges. Current assets have increased by a substantial 150%, reaching £17 million, while revenue has surged by 59%, hitting £20 million. However, net assets have decreased by 30%, falling to £12 million, and bank borrowings have jumped by a massive 1,400%, reaching £3 million. Creditors have also increased by 50%, reaching £17 million. The company’s size (meeting two of three criteria for a large company: turnover over £36 million, balance sheet total over £18 million, and over 250 employees) suggests a growing enterprise. While no auditor is mentioned, the figures are based on unaudited statements.

The sharp increase in bank borrowings, coupled with the decrease in net assets, suggests Sinewave may be reinvesting heavily in its operations to support its growth. The rise in creditors could indicate challenges in managing cash flow as the company takes on larger projects. It's possible that the company's irregular import activity, with its focus on electrical machinery and equipment, is contributing to these financial pressures. The company's growth and expansion are evident, but the financial data reveals a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 09585850, with a registered address at SN2 8UY, England, Swindon, Unit B1 Kembrey Street, Elgin Industrial Estate.

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