{"name":"ENERTECH LIMITED","company_number":"00299044","status":"Active","type":"Private Limited Company","incorporated":"1935-03-30","dissolved":null,"registered_office":"Unit 40 Ten Acres, Berry Hill Industrial Estate, Droitwich, Worcestershire, England, WR9 9AQ","postcode":"WR9 9AQ","sic_codes":[{"code":28290,"description":"Manufacture of other general-purpose machinery not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"NU-WAY LIMITED","changed_on":"2009-09-28"},{"name":"NU-WAY HEATING PLANTS LIMITED","changed_on":"1983-07-28"}],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":44,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":2332,"cash":594,"average_employees":44},{"financial_date":"2024-12-31","net_assets":2317,"cash":1182,"average_employees":43},{"financial_date":"2023-12-31","net_assets":2487,"cash":1388,"average_employees":45},{"financial_date":"2022-12-31","net_assets":2589,"cash":1750},{"financial_date":"2021-12-31","net_assets":2405,"cash":1828}],"officers":{"current":5,"resigned":32,"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":5,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/enertech","people":"https://www.companiesintheuk.co.uk/company/enertech/people","filing_history":"https://www.companiesintheuk.co.uk/company/enertech/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00299044","financials":"https://www.companiesintheuk.co.uk/company/enertech/financial","control":"https://www.companiesintheuk.co.uk/company/enertech/control","charges":"https://www.companiesintheuk.co.uk/company/enertech/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/enertech/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/enertech"}