Energystore Limited

Energystore Limited, based in Holywood, Northern Ireland, is a large, family-run business with a 50-year history. The company, which employs 81 people and holds £7,821,223 in assets, operates as a holding company with an active status. It's a significant player, meeting two of three criteria for a large company: turnover exceeding £36 million and a balance sheet total exceeding £18 million. The company is audited by Harbinson Mulholland.

Energystore’s core business revolves around insulation systems, design, manufacture, and installation for floors, walls, and roofs. Its website highlights a focus on both homeowner and professional clients, with a particular emphasis on EPS bead-based insulation. The company boasts a strong reputation, having contributed to numerous projects and communities for over half a century. It also owns several subsidiaries, including Advanced Traditional Screeding Ltd, Ecosilver Ltd, and Heat Services Limited. They’ve previously operated under names like His Energy Limited and Energstor Limited.

Financially, Energystore Limited shows a mixed picture. While current assets increased slightly by 4.6% to £7,800,000, net assets saw a substantial jump of 30% to £7,900,000. Bank borrowings decreased significantly by 63% to £1,000,000, which is a positive sign. However, accrued liabilities deferred income increased by 210% to £870,000, and corporation tax payable rose dramatically by 1200% to £430,000. Staff costs increased by 24% to £4,100,000. The company’s directors are Mr. C.H. McCandless, Mr. R.J. McCandless, and Mr. S.C. Calow. The company’s turnover remained steady, but the increase in liabilities and tax payable suggests it's burning through cash a bit faster than it’s bringing it in. It’s likely that the company is investing heavily in growth, but it’s important to monitor its cash flow closely.

Registered in Northern Ireland under the registration number NI010197, with a registered address at BT18 9HX, Holywood, County Down, 21-23 Shore Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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