Solar Water Plc
04094302
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 28/04/2026
Due 12/05/2027
Industry
Officers
director · Since 23/10/2000
CORPORATE STRATEGIST
BRITISH · SWEDEN · Age 79
Also on 1 other board
director · Since 28/01/2017
ASSOCIATE PROFESSOR PRECISION ENGINEERIN
FRENCH · UNITED KINGDOM · Age 46
Persons with Significant Control
Mr Malcolm Aw
British · Sweden · Age 79
19 Marina Point, Lensbury Avenue, London, SW6 2GX
Notified 08/11/2016
CompanyRankvs 383+ SIC 36000 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorized for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£427k
Balance sheet strength
Cash
£5k
Cash in the bank
Profit Before Tax
-£147k
Bottom line earnings
Net Current Assets
-£469k
Working capital
Current Assets
£221k
Current Liabilities
£690k
Fixed Assets
£900k
Debtors
£211k
Admin Expenses
£428k
Operating Profit
-£147k
Profit After Tax
-£147k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.32 | -£13k |
| 2023 | 0.34 | -£358k |
| 2022 | 0.79 | -£470k |
| 2021 | 1.32 | +£936k |
| 2020 | 0.58 | — |
Derived from filed accounts. Not audited figures.