Growatt New Energy Technology Limited in Ilford, IG6 3UG

Description

Data updated on: 01-11-2023

Growatt New Energy Technology Limited has existed on the British market for at least 11 years. Started with registration number 08660706 in the year 2013, the firm have office at Unit 1, The Cromwell Centre Hainault Business Park, Ilford IG6 3UG. The company's declared SIC number is 46180 meaning Agents specialized in the sale of other particular products. December 31, 2021 is the last time account status updates were reported.

At the moment, the business is controlled by just one managing director: Xin Q., who was chosen to lead the company in 2013.

Yongqiang D. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	659 910	2 868 282	544 645	1 084 859	5 909 156
Current Assets	4 565 140	6 688 672	5 478 533	8 645 665	24 194 885
Debtors	2 872 488	2 608 849	2 554 141	3 409 740	4 843 325
Net Assets Liabilities	-1 696 662	-1 915 939	-2 070 637	-739 615	5 568 829
Other Debtors	34 236	4 300	100		40 795
Property Plant Equipment	371			241	855
Total Inventories	1 032 742	1 211 541	2 379 747	4 151 066	13 442 404

Other Financial Data
Accrued Liabilities		10 212	14 400	12 157	21 561
Accumulated Depreciation Impairment Property Plant Equipment	1 728	2 099	2 099	2 220	2 462
Additional Provisions Increase From New Provisions Recognised			31 418	91 176	1 023 500
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-59 001
Administrative Expenses	339 856	203 569	146 073	193 180	1 521 982
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	3	1	1	2	6
Cash Cash Equivalents Cash Flow Value				1 084 859
Comprehensive Income Expense	502 812	-219 277	-154 698	1 331 022	6 308 444
Corporation Tax Payable					1 548 648
Cost Sales	2 127 553	2 517 807	3 191 053	5 609 951	29 119 447
Creditors	6 161 012	8 562 451	7 475 592	9 220 767	17 438 657
Current Tax For Period	107		25		1 548 648
Depreciation Amortisation Expense				121	242
Depreciation Expense Property Plant Equipment	1 207	371		121
Finished Goods	1 032 742	1 211 541	2 379 747	4 151 066
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities				91 176	1 023 500
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				1 745 175	6 669 242
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-855 599	-1 433 585
Gain Loss On Disposals Property Plant Equipment	2 228
Gross Profit Loss	840 547	-15 709	-8 600	1 524 202	9 379 074
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				540 214	4 824 297
Increase Decrease In Current Tax From Adjustment For Prior Periods	107		25
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				1 771 319	9 291 338
Increase From Depreciation Charge For Year Property Plant Equipment		371		121	242
Net Cash Flows From Used In Investing Activities				362	856
Net Cash Flows From Used In Operating Activities				-540 576	-4 825 153
Net Cash Generated From Operations				-449 400	-3 801 653
Net Current Assets Liabilities	-1 595 872	-1 873 779	-1 997 059	-575 102	6 756 228
Number Shares Issued Fully Paid		1	1	1	1
Operating Profit Loss	500 691	-219 277
Other Creditors	33 284	2 935	3 860	7 343	58 324
Other Taxation Social Security Payable	2 334	764	750	1 437	4 380
Par Value Share		1	1	1	1
Prepayments Accrued Income	1 186	1 046			15 003
Profit Loss	502 812	-219 277	-154 698	1 331 022	6 308 444
Profit Loss On Ordinary Activities Before Tax	502 919	-219 277	-154 673	1 331 022	7 857 092
Property Plant Equipment Gross Cost	2 099	2 099	2 099	2 461	3 317
Provisions	101 161	42 160	73 578	164 754	1 188 254
Provisions For Liabilities Balance Sheet Subtotal	101 161	42 160	73 578	164 754	1 188 254
Purchase Property Plant Equipment				-362	-856
Recoverable Value-added Tax	8 220	2 566
Tax Expense Credit Applicable Tax Rate	95 555	-41 663	-29 388	252 894	1 492 847
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	283			23	194 663
Tax Tax Credit On Profit Or Loss On Ordinary Activities	107		25		1 548 648
Total Additions Including From Business Combinations Property Plant Equipment				362	856
Total Assets Less Current Liabilities	-1 595 501	-1 873 779	-1 997 059	-574 861	6 757 083
Trade Creditors Trade Payables	177 460	59 903	126 661	153 325
Trade Debtors Trade Receivables	220 892	138 922	180 404	1 110 387	4 297 362
Turnover Revenue	2 968 100	2 502 099	3 182 453	7 134 153	38 498 521

Company staff

Xin Q.

Role: Director

Appointed: 22 August 2013

Latest update: 22 February 2024

People with significant control

Yongqiang D.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	05 September 2024
Confirmation statement last made up date	22 August 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Growatt New Energy Technology Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Xin Q.

People with significant control

Yongqiang D.

Accounts Documents

Company filings

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