The Energy Lab Solutions Ltd

The Energy Lab Solutions Ltd, based in Barnstaple, UK, is a small, active company established eleven years ago. With five employees and £727,663 in assets, it operates from a virtual address, a detail flagged by seventeen other companies registered at the same location. Two directors and two owners (though the list may not be exhaustive) steer the business, which enjoys a perfect 5.0 Google rating from a single review. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last four months.

The company’s website, while not providing detailed e-commerce functionality, indicates a focus on plumbing merchant services. It’s a private limited company registered in England/Wales, and its core business involves retail via mail order and internet sales. It’s unclear if this is a single entity or a collection of related businesses.

Financially, The Energy Lab Solutions Ltd presents a mixed picture. Cash bank on hand has fallen by 40% to £97,000, and net current assets have increased by 12% to £410,000. Trade debtors have increased significantly by 69%, which could indicate growth but also potential collection challenges. Creditors have also increased, though not as dramatically. The company’s small size—meeting two of three conditions for being considered small—helps it remain agile, but the decline in cash reserves is something to watch. The company’s accounts are unaudited, which is common for small businesses, and there’s no auditor mentioned. Overall, The Energy Lab Solutions Ltd appears to be navigating a period of change, with growth in debtors offset by a reduction in cash reserves.

Registered in England/Wales under the registration number 08586990, with a registered address at EX31 3TD, Barnstaple, Devon, Millennium House, Roundswell Business Park.

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