Zenith Energy Limited

Zenith Energy Ltd from Aberdeen UK: a small, active company founded 12 years ago, currently has accounts overdue by four months. It employs 12 people and holds assets valued at £3,097,413. The company has a real address, is managed by two directors, and has one owner, with a Google rating of 3.0 based on just three reviews. Zenith Energy regularly imports machinery, boilers, and mechanical appliances, with its last import operation dating back to February 01, 2016.

The company operates in the engineering related scientific and technical consulting activities industries, offering well project management, engineering, and operator services. Its website showcases a range of services, including well decommissioning, integrity assessments, and geothermal consultancy. Zenith Energy also has a showroom in Harrods, London. The website doesn't appear to be an e-commerce site; instead, it serves as a platform to showcase its expertise and attract clients.

Financially, Zenith Energy Ltd presents a mixed picture. While current assets have increased by 90% to £3,100,000, net losses deepened from -£6,000 to -£23,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's director remuneration increased by 95%, indicating potentially higher compensation for management. It is unclear if the increase is due to increased workload or other factors. Overall, Zenith Energy Ltd is facing pressures.

Registered in Scotland under the registration number SC431258, with a registered address at AB11 6DJ, Scotland, Aberdeen, 3 Bon Accord Square.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.