Watt Energy Saver Ltd

Watt Energy Saver Ltd, based in Newark UK, is a sizable holding company with an active status. Established fourteen years ago, the company employs twenty-one people and boasts assets of £7,798,057, generating a yearly revenue of £15,941,812. With four directors and one owner, and a perfect 5.0 Google rating from a single review, it’s a well-regarded operation. The company regularly imports iron or steel products, with the latest shipment arriving in December 2024.

Watt Energy Saver operates as a specialist energy engineering company, providing design, installation, and commissioning services across a broad market sector, including commercial, industrial, educational, and healthcare customers. Their website highlights a focus on renewable technology, energy conservation, and integration of mechanical and electrical services. They offer a full turnkey solution, managing projects from initial design to ongoing maintenance, and even handle structural and planning applications. The company has strong supply chain links, enabling them to procure items like heat pumps and solar PV directly from manufacturers.

Financially, Watt Energy Saver Ltd presents a mixed picture. While cash reserves increased significantly by 290%, reaching £5,700,000, administrative expenses surged by 45%, hitting £740,000. Bank borrowings, however, decreased by 47%, falling to £11,000. A notable trend is the increase in corporation tax payable, jumping 460% to £1,000,000. Net assets also increased by 140% to £3,400,000. The company’s workforce has grown by 29%, with twenty-seven employees now reported, suggesting expansion of operations. The lack of an auditor mentioned likely means the company is exempt from an audit, and the figures are unaudited.

Overall, Watt Energy Saver Ltd seems to be navigating a period of growth, but the increase in expenses and tax liabilities warrants close monitoring. The company's focus on specialist energy engineering and its strong supply chain links position it well for future success, but managing costs effectively will be crucial.

Registered in England/Wales under the registration number 07511276, with a registered address at NG22 9QW, England, Newark, Elizabeth House Latimer Way, New Ollerton.

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