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Eco2 Limited

05268380

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

ELFED HOUSE OAK TREE COURT, CARDIFF, CF23 8RS
Incorporated 25/10/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/06/2025

Due 15/06/2026

On track

Industry

35110
Production of electricity

Officers

Mr Peter Darwell

director · Since 28/09/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 39 other boards

Mr Robin John Fuller

director · Since 28/09/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 10 other boards

Mr Jeffrey Woosnam Morgan

director · Since 09/11/2016

COMPANY DIRECTOR

WELSH · WALES · Age 69

Also on 3 other boards

Persons with Significant Control

Mr Peter Darwell

50–75% shares
50–75% votes
Appoint directors

British · England · Age 77

Elfed House, Oak Tree Court, Cardiff, CF23 8RS

Notified 06/04/2016

Mr Ronald John Kirk

25–50% shares
25–50% votes

British · England · Age 76

Elfed House, Oak Tree Court, Cardiff, CF23 8RS

Notified 02/03/2022

Former PSCs

Dr David James Williams

Ceased 23/04/2018

CompanyRankvs 1987+ SIC 35110 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.6× · 6/20
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 strength0/25 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.

Liquidity6/20 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

they relate. Page 3 continued... ECO2 LIMITED (REGISTERED NUMBER: 05268380) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022 2. ACCOUNTING POLICIES - continued Going concern The directors and shareholders are confident in the company's ability to continue to trade for the foreseeable future and are prepared to provide the necessary financial support to enable

Key FinancialsYear ending 31/12/2022

Net Worth

-£12.5M

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£71k

Current Liabilities

£119k

Fixed Assets

£885k

Debtors

£36k

6avg. employees

Balance Sheet

Intangible assets£885k
Assets less current liabilities£837k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.60-£166k
20215.70-£2.6M
20203.66-£396k
20192.37-£1.0M
20183.86

Derived from filed accounts. Not audited figures.