Wilson Energy Ltd

Wilson Energy Ltd, based in Newark, UK, is a small, active company founded seventeen years ago in 2007. With fourteen employees and £589,939 in assets, it’s a well-established player in its sector. The company boasts a 4.0 Google rating from 168 reviews, indicating strong customer satisfaction. It’s managed by three directors and owned by three individuals, with Middleton Giles Christopher Francis, Wang Feng, and Wilkinson Andrew Robert at the helm. The company operates in the agents specialized in the sale of other particular products industries.

Wilson Energy Ltd's core business revolves around integrated heating and billing solutions for Heat Network and District Heating schemes. Its website showcases a wide range of services, including billing and bureau services, smart meter projects, and heat network design. It also sells spare parts for Heat Interface Units (HIUs) and offers maintenance and support services. The company appears to be primarily business-to-business, with a focus on property developers, housing associations, and contractors. It doesn't seem to be an e-commerce site in the traditional sense, but rather a provider of specialized services and products.

Financially, Wilson Energy Ltd's recent performance presents a mixed picture. Current assets decreased by 6.8% to £590,000, while net assets declined by 11% to -£660,000. Bank borrowings decreased by 20% to £83,000, and cash reserves plummeted 100% to just £85. Trade debtors increased by 17% to £310,000, suggesting possible delays in customer payments. Creditors decreased by 8.6%, which could indicate improved debt management. The company’s small size (meeting two of three conditions for being considered small) helps it remain agile, but the significant decline in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

The sharp decrease in cash reserves and the negative net assets are particularly noteworthy, suggesting that Wilson Energy Ltd is burning through money. It’s possible that the company is investing heavily in growth or facing increased operating costs. The company's reliance on trade debtors could also pose a risk if those payments are delayed.

Registered in England/Wales under the registration number 06320941, with a registered address at NG24 2EU, England, Newark, 7 Mayden Business Park, Northern Road.

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