Trust Solar Wholesale Ltd

Trust Solar Wholesale Ltd, based in Chippenham, UK, is a small holding company with an active status, founded two years ago. The company employs five people and holds £1,289,435 in assets, operating from a real address. With four directors and one owner, it boasts a stellar 5.0 Google rating based on two reviews. It's an irregular importer, primarily dealing with aluminum and aluminum products, with its last import activity recorded just one month ago in January 2025.

The company, now part of Good Energy, has ceased trading. A note on their website explains that they are closing this part of the business to focus on high-quality solar and battery installations. Customers with live orders are assured that they will be fulfilled, and those with scheduled solar surveys or installations can expect them to proceed as planned. The website redirects visitors to Good Energy’s services, highlighting solar panels, batteries, and heat pumps.

Financially, Trust Solar Wholesale Ltd's numbers paint a mixed picture. Accumulated depreciation has increased by 53%, while bank borrowings have completely vanished, a positive sign. However, amounts owed to group undertakings have risen significantly by 59%, and creditors have increased by 52%. Net assets have plummeted by 100%, leaving the company with a negative equity of -£23,000. Cash bank on hand, however, has grown by 80% to £61,000. The company's small size (meeting two of three conditions for being classified as small) helps it remain agile, but the sharp decline in equity warrants attention. The unaudited financial statements, lacking an auditor’s stamp, rely on director-reported data.

The company's financial trends suggest a period of transition, likely influenced by its acquisition by Good Energy and subsequent closure of the wholesale division. While the business appears to have managed its cash flow effectively, the negative equity and rising debts indicate financial pressures.

Registered in England/Wales under the registration number 14407042, with a registered address at SN15 1GH, England, Chippenham, Wiltshire, Good Energy Monkton Park Offices, Monkton Park.

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