{"name":"AES LIMITED","company_number":"SC084742","status":"Active","type":"Private Limited Company","incorporated":"1983-09-26","dissolved":null,"registered_office":"Aes Building, Lea Road, Forres, Morayshire, IV36 1AU","postcode":"IV36 1AU","sic_codes":[{"code":32990,"description":"Other manufacturing not elsewhere classified"}],"principal_activity":"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.","previous_names":[{"name":"APPROPRIATE ENERGY SYSTEMS LIMITED","changed_on":"1998-10-30"},{"name":"EAMORX LIMITED","changed_on":"1984-01-04"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":61,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","average_employees":61},{"financial_date":"2024-12-31","average_employees":40},{"financial_date":"2020-12-31","net_assets":494867,"cash":573579},{"financial_date":"2019-12-31","net_assets":405734,"cash":272187},{"financial_date":"2018-06-30","net_assets":241370,"cash":66014}],"officers":{"current":4,"resigned":23,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://www.aeslimited.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/aes","people":"https://www.companiesintheuk.co.uk/company/aes/people","filing_history":"https://www.companiesintheuk.co.uk/company/aes/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC084742","financials":"https://www.companiesintheuk.co.uk/company/aes/financial","control":"https://www.companiesintheuk.co.uk/company/aes/control","charges":"https://www.companiesintheuk.co.uk/company/aes/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/aes/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/aes"}