AES LIMITED
Company number SC084742 · Monitor this company
Executive summary
AES Limited demonstrates strong financial health with net assets growing 49% to £1.61M and retained profits increasing by £549k in FY2024, supported by a 40-year trading history in solar manufacturing. The primary credit concerns are a thin current ratio of 1.14x, a 62% debtor increase that may signal collection risk, and the group ownership structure requiring guarantee provisions. Conditional approval is recommended with standard covenants, a group guarantee from AES Group (Scotland) Ltd, and quarterly monitoring of debtor days and cash conversion metrics.
Shareholders' funds
£494,867
Balance sheet as at 2020-12-31
What it does
The principal activity of the company continued to be that of the manufacture and sale of solar systems. From 1 April 2025 the trade, assets, and liabilities from Black Isle Renewables Limited were hived up into AES Limited.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1983-09-26
- Employees
- 61 (2025 accounts · was 40 in 2024)
- Registered office
- Aes Building, Lea Road, Forres, Morayshire, IV36 1AU
- Postcode
- IV36 1AU
- Capital
- 112,500 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-24
- Next due by
- 2026-11-07
Nature of business (SIC)
- 32990 Other manufacturing not elsewhere classified
Officers 4 current · 23 resigned
Group structure 3 subsidiaries
Controlled by AES GROUP (SCOTLAND) LTD — since 2023-12-21
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA566566 (Tier 2), registered since 2019.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- http://www.aeslimited.co.uk
Previous company names
| Name | Date changed |
|---|---|
| APPROPRIATE ENERGY SYSTEMS LIMITED | 1998-10-30 |
| EAMORX LIMITED | 1984-01-04 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| THE PARK, FINDHORN, BY FORRES, MORAY IV36 0TZ | 1998-12-02 |
Among its peers
Top 25%
by shareholders' funds, of 28 similar companies in IV
2nd largest employer among its local peers (61 staff).
2nd oldest of its local peers, trading since 1983.
No.4 of the largest other manufacturing not elsewhere classified companies in Inverness →
Competitors Inverness
This company ranks 4 among other manufacturing not elsewhere classified in Inverness.
The class of 1983
51%
of the 13,141 companies incorporated in 1983 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.