Sungrow Power Uk Limited

Sungrow Power Uk Limited, based in Milton Keynes, is a large, active company founded ten years ago in 2014. With 22 employees and £127,074,485 in assets, it's a significant player in the UK solar energy market. The company has a real registered address and is overseen by one director and one owner. It boasts a strong Google rating of 4.0 based on three reviews. Sungrow regularly imports electrical machinery and equipment – a total of 330 months of import activity – while exporting infrequently, with just one month of export activity recorded as of December 2022.

The company’s website showcases Sungrow’s comprehensive range of solar solutions, from residential and commercial PV systems to energy storage and EV charging. They offer a wide variety of products, including inverters, batteries, and chargers, and provide resources like design tools and documentation. Sungrow actively promotes its presence at industry events and offers webinars and training sessions. They also have a dedicated section for distributors and a program for installers in the UK and Ireland.

Financially, Sungrow Power Uk Limited’s recent performance indicates some challenges. While assets remain substantial at £127,074,485, net assets have fallen by a significant 430%, reaching -£14,000,000. Bank borrowings have increased dramatically by 2,400%, reaching £29,000,000, and cash reserves have declined by 96%, leaving just £120,000. Trade debtors have risen by 760%, suggesting potential issues with customer payments. Creditors have increased by 90%, indicating higher short-term liabilities. The company’s workforce has expanded considerably, with the number of employees jumping 77% to 39. The company’s auditor, Alliotts LLP, has signed off on the financial statements.

Despite these financial pressures, Sungrow’s strong brand, extensive product range, and commitment to innovation position it well for continued success in the growing solar energy sector. The increase in employees suggests ongoing investment and expansion, and the company’s focus on partnerships and customer support demonstrates a dedication to long-term growth.

Registered in England/Wales under the registration number 09272760, with a registered address at MK9 1JL, England, Milton Keynes, Suite 2, 2nd Floor Moorgate House, 201 Silbury Boulevard.

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