ENERTECH LIMITED
Company number 00299044 · Monitor this company
Executive summary
Enertech Limited is a long-established UK manufacturing subsidiary of the Swedish Nibe Industrier group, with adequate current liquidity (current ratio 2.64x, cash £1.18M) but a deteriorating financial trajectory marked by consistent losses and declining net assets. The standalone credit profile is weakening—retained earnings have fallen by approximately £170k annually—and any meaningful credit exposure should be conditional upon a parent company guarantee from Nibe Industrier AB. Ongoing monitoring should focus on the rate of working capital erosion and whether the group provides tangible financial support to stabilize the UK operation.
Shareholders' funds
£2,317
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1935-03-30
- Employees
- 43 (2024 accounts · was 45 in 2023)
- Registered office
- Unit 40 Ten Acres, Berry Hill Industrial Estate, Droitwich, Worcestershire, England, WR9 9AQ
- Postcode
- WR9 9AQ
- Capital
- 249,000 GBP
- Accounts category
- Small
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-28
- Next due by
- 2027-07-12
Nature of business (SIC)
- 28290 Manufacture of other general-purpose machinery not elsewhere classified
Officers 6 current · 31 resigned
Group structure
Controlled by Enertech Ab (556060-2269) — since 2020-03-09
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| NU-WAY LIMITED | 2009-09-28 |
| NU-WAY HEATING PLANTS LIMITED | 1983-07-28 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| ENERTECH LIMITED TEN ACRES, BERRY HILL INDUSTRIAL ESTATE, DROITWICH, WORCESTERSHIRE, WR9 9BP | 2017-12-18 |
| PO BOX 1, VINES LANE, DROITWICH, WORCS, WR9 8NA | 2013-05-24 |
Among its peers
3rd largest employer
of 9 similar companies in WR, with 43 staff. The oldest of its local peers.
Competitors Worcester
This company ranks 9 among manufacture of other general-purpose machinery not elsewhere classified in Worcester.