Xetrov Energy Limited

Xetrov Energy Limited, based in Daventry, UK, is a small, active holding company established six years ago. Employing just seven people, the company holds £220,949 in assets and operates from a virtual address shared by eleven other companies—a potential red flag. Ruxton Ashleigh Jane and Burnham Spencer Charles are the directors and owners, and the company boasts a perfect 5.0 Google rating based on a single review. Xetrov Energy imports machinery, boilers, and mechanical appliances, with the last import operation recorded one month ago.

The company’s website positions it as a “Sustainable Impact Partner,” enabling the energy transition through decentralized baseload energy. It focuses on processing non-recyclable waste to extract maximum heat energy, operating from three UK sites: Daventry, Hillhouse International, and Pollington. Xetrov partners with technical and commercial enterprises, emphasizing transparency and collaboration. The site also highlights its involvement in landfill reduction, fossil fuel reduction, energy stabilization, and hydrogen mobilization.

Financially, Xetrov Energy Limited presents a concerning picture. Current assets have plummeted 73% to £220,000, while net assets have decreased by a significant 22% to -£4.6 million. Bank borrowings have increased, and cash reserves have fallen dramatically. Trade debtors have also increased substantially, suggesting potential issues with customer payments. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the sharp decline in equity and cash reserves raises serious questions about its financial health. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s reliance on related-party transactions with Xetrov Group Ltd, including rent payments and management recharges, is also noteworthy. While common in holding companies, it warrants closer scrutiny. Xetrov Energy's website suggests a commitment to sustainability, but the financial data indicates a company struggling to maintain its financial footing—a situation that could threaten its long-term viability.

Registered in England/Wales under the registration number 11371823, with a registered address at NN11 4NS, England, Daventry, Xetrov House, Browns Road.

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