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Solartech (Gb) Ltd

06778274

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

1A ELECTRIC PARADE, ILFORD, IG3 8BY
Incorporated 22/12/2008

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

35110
Production of electricity
47540
Retail sale of electrical household appliances in specialised stores
71129
Other engineering activities

Officers

Mr Muhammad Shahid Awan

director · Since 22/12/2008

INVESTOR

PAKISTANI · PAKISTAN · Age 42

Mr Malik Amjad Nawaz Awan

director · Since 01/10/2010

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 45

Also on 5 other boards

Persons with Significant Control

Solartech (Pvt) Ltd

75–100% shares

Office: 3rd Floor, Pace Plaza, Gulberg Iii

Notified 06/04/2016

Mr Malik Amjad Nawaz Awan

25–50% shares

British · England · Age 45

1a, Electric Parade, Ilford, IG3 8BY

Notified 06/04/2016

CompanyRankvs 1783+ SIC 35110 peers
50

Financial strength20th percentile among SIC peers · 5/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£601

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£159

Working capital

Current Assets

£504

Current Liabilities

£345

Fixed Assets

£24

0avg. employees

Balance Sheet

Assets less current liabilities£183
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46
20230.90
20220.84
20220.84
20210.69+£191
20200.59+£186
20190.48+£475
20180.27

Derived from filed accounts. Not audited figures.