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Enerveo Limited

02317133

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 34, FAREHAM, PO14 1DJ
Incorporated 14/11/1988

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/08/2025

Due 27/08/2026

On track

Industry

43210
Electrical installation

Officers

Mr Kieran Gilmurray

director · Since 22/03/2024

ACCOUNTANT

BRITISH · SCOTLAND · Age 54

Also on 10 other boards

Mrs Elaine Harley

director · Since 12/04/2024

HR PARTNER

BRITISH · SCOTLAND · Age 56

Mr Bernard Michael O'Connor

secretary · Since 24/03/2025

Adrian Marc James Rudd

director · Since 01/07/2025

CHARTERED MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 55

Also on 18 other boards

Persons with Significant Control

Sse Contracting Group Limited

75–100% shares
75–100% votes
Appoint directors

No.1 Forbury Place, No.1 Forbury Place, Reading, RG1 3JH

Reg: 02471438 · Companies House · Private Limited Company

Notified 22/03/2024

Former PSCs

Sse Contracting Group Limited

Ceased 30/06/2021

Aurelius Investments Limited

Ceased 28/09/2021

Aurelius Investment Lux Two Sarl

Ceased 28/09/2021

Aurelius Antelope Limited

Ceased 22/03/2024

Charges0 outstanding

Charge
satisfied

SSE SERVICES PLC AS SECURITY TRUSTEE

Created 09/06/2023Registered 12/06/2023Satisfied 05/11/2025
Charge
satisfied

SSE SERVICES PLC AS SECURITY TRUSTEE

Created 09/06/2023Registered 12/06/2023Satisfied 05/11/2025
Charge
satisfied

BNP PARIBAS COMMERCIAL FINANCE LIMITED

Created 30/06/2021Registered 02/07/2021Satisfied 06/08/2024
Charge
satisfied

BNP PARIBAS COMMERCIAL FINANCE LIMITED

Created 30/06/2021Registered 02/07/2021Satisfied 06/08/2024
Charge
satisfied

SSE SERVICES PLC AS THE VENDOR SECURITY TRUSTEE

Created 30/06/2021Registered 01/07/2021Satisfied 06/08/2024

CompanyRankvs 1814+ SIC 43210 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

forecasts backed by the business sales pipeline. They have considered the effect of any revenue reduction as part of their scenario analysis when assessing the Company’s ability to continue as a going concern. Page 2 ENERVEO LIMITED STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Future developments of the business Enerveo has secured a significant electrical framework contract

Key FinancialsYear ending 31/03/2024

Turnover

£218.4M

Annual revenue

Net Worth

£3.6M

Balance sheet strength

Cash

£14.9M

Cash in the bank

Profit Before Tax

-£1.7M

Bottom line earnings

Net Current Assets

£10.4M

Working capital

Current Assets

£98.8M

Current Liabilities

£88.4M

Fixed Assets

£14.5M

Debtors

£6.6M

Cost of Sales

£171.3M

Gross Profit

£47.1M

Admin Expenses

£44.3M

Operating Profit

£800k

Profit After Tax

-£1.7M

1444avg. employees

Tax at Year End(2023)

Dividends paid£106.0M

People Costs

Wages & salaries£50.8M
NI contributions£5.9M

Balance Sheet

Assets less current liabilities£24.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12+£8.7M
20230.94-£10.2M
20221.05

Derived from filed accounts. Not audited figures.