Smartev Limited

Smartev Ltd from High Wycombe UK: a small holding company with an active status, was founded eight years ago and employs eleven people. The company holds £5,131,333 in assets and has a real address with two directors and one owner. It regularly imports electrical machinery and equipment (5 months imported), but exports very little (2 months exported).

The company’s website, SmartEV Chargers, specializes in commercial electric vehicle chargers. It offers solutions for workplaces, fleets, and points of interest, with a focus on installation and support. The site includes a blog with helpful information on choosing and selecting EV chargers, and a contact form for inquiries. It appears to be a modern e-commerce business, with a focus on customer service and technical expertise.

Financially, Smartev Ltd presents a mixed picture. While current assets have increased by 130% to £5,100,000, net assets have also decreased by 88% to -£1,600,000. Bank borrowings have increased significantly, rising by 2,400% to £240,000, and cash reserves have fallen by 66% to £92,000. Creditors have tripled to £3,900,000, and trade debtors have increased by 300% to £4,900,000. The number of employees has doubled to twenty-four, which is a significant jump. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Overall, Smartev Ltd is showing signs of growth, but also facing financial challenges. The increase in debt and decrease in equity suggest the company may be burning through money to expand its operations. The large increase in debtors could indicate problems with collecting payments from customers. While the company's focus on commercial EV chargers is promising, it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 10559843, with a registered address at HP14 3BG, England, High Wycombe, Granville House, The Heights Business Park Ibstone Road, Stokenchurch.

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