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Cross-Flow Energy Company Limited

06348926

liquidation
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

MENZIES LLP 5TH FLOOR HODGE HOUSE 114-116, CARDIFF, CF10 1DY
Incorporated 21/08/2007

Compliance

Last accounts

30/04/2023

total exemption full

Next accounts due

31/01/2025

Overdue

Confirmation statement

Last: 21/08/2023

Due 04/09/2024

Overdue

Industry

32990
Other manufacturing
72190
Other research and experimental development on natural sciences and engineering

Officers

Edward Anthony Spours Nicholson

director · Since 13/04/2012

NONE

BRITISH · UNITED KINGDOM · Age 73

Juan Enrique Rassmuss Raier

director · Since 13/04/2012

ENGINNER

GERMAN · CHILE · Age 62

Mr Jonathan Ross Hampton Hale

director · Since 17/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Mr Chan Thye Seng

director · Since 14/03/2019

CEO

MALAYSIAN · MALAYSIA · Age 69

Mr Martin David Barnes

director · Since 01/03/2021

DIRECTOR & CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Imelan Limited

25–50% shares
25–50% votes

Midocean Management And Trust Services, (Bvi) Limited, Tortola

Reg: 1702584 · Tortola, British Virgin Islands · Private Limited Company

Notified 19/10/2016

Pacific & Orient Properties Limited

25–50% shares
25–50% votes

4th Floor, 111 Baker Street, W1U 6SG

Reg: 08518872 · Companies House · Ltd Company

Notified 01/08/2019

Charges0 outstanding

A registered charge
fully satisfied

Diana Fenwick-Wilson · Anthony Fenwick-Wilson

All the present and future patents, trademarks, trade name, designs, copyrights, inventions, topographical or similar rights, confidential information and know-how and any interest in any of these rights, whether or not registered, including all applications and rights to apply for registration and all fees, royalties and other rights derived from, or incidental to, these rights (including but not limited to, the rights specified or held by the borrower pursuant to the agreements set out in schedule 7 of the instrument) for more details of the intellectual property charged, please refer to the instrument.. All freehold and leasehold properties (whether registered or unregistered) and all commonhold properties, now or in the future (and from time to time) owned by the borrower, or in which the borrower holds any interest (including, but not limited to, the properties specified in schedule 1 of the instrument). For more details of the land charged, please refer to the instrument.

Created 16/10/2015Registered 28/10/2015Satisfied 13/12/2016
A registered charge
fully satisfied

Diana Fenwick-Wilson · Anthony Fenwick-Wilson

Any and all rights of copyright design right know-how patent registered design right service mark trade mark and any other intellectual property rights of any description whatever which are owned by the company as at the date of the mortgage or are acquired by or created by or assigned to the company at any time during the security period including without limitation those intellectual property rights short particulars of which are contained in schedule 3 of the instrument including specifically all goodwill associated with such intellectual property rights but excluding all other goodwill of the company. For more details of the intellectual property charged, please refer to the instrument and the definitions of "derivative materials" and "physical materials".

Created 16/10/2015Registered 28/10/2015Satisfied 13/12/2016
Deed of mortgage
fully satisfied

Diana Somerset

All of the company's right title and interest in and to the intellectual property rights see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 14/12/2010Registered 31/12/2010Satisfied 21/02/2012
Mortgage
fully satisfied

Route Wealth Management Limited as Security Trustee

Assigns the intellectual property rights, licences the third party rights, charges the physical materials see image for full details.

All monies due or to become due from the company to the lenders and/or the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 15/12/2009Registered 29/12/2009Satisfied 05/01/2011
Debenture
fully satisfied

Route Wealth Management Limited as Security Trustee

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, plant & machinery see image for full details.

All monies due or to become due from the company to the lenders and/or the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 15/12/2009Registered 29/12/2009Satisfied 05/01/2011

Insolvency History1 case

creditors voluntary liquidation08/07/2024

Bethan Louise Evans (practitioner) · John Dean Cullen (practitioner)

CompanyRankvs 15+ SIC 32990 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2023

Net Worth

-£5.1M

Balance sheet strength

Cash

£277k

Cash in the bank

Net Current Assets

-£241k

Working capital

Current Assets

£632k

Current Liabilities

£873k

Fixed Assets

£10k

Debtors

£83k

Profit After Tax

-£2.0M

20avg. employees+3

Balance Sheet

Assets less current liabilities-£231k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.72-£2.1M
20221.98-£2.0M
20211.57-£1.1M
20200.56
20190.19
20184.70

Derived from filed accounts. Not audited figures.