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Solar Advanced Systems Ltd

07028136

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ALEXANDER HOUSE 1 MANDARIN ROAD, HOUGHTON LE SPRING, DH4 5RA
Incorporated 23/09/2009

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/05/2026

Due 29/05/2027

On track

Industry

43290
Other construction installation

Officers

Mr Matthieu Thomas Hue

director · Since 15/09/2023

CHIEF EXECUTIVE OFFICER

FRENCH · UNITED KINGDOM · Age 51

Also on 32 other boards

Mr Jonathan David Chin O'Sullivan

director · Since 15/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Mr Raghav Singh

director · Since 15/09/2023

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Laura Katherine Chare

secretary · Since 16/06/2025

Mr Francois Thierry Costes

director · Since 17/06/2025

CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mrs Malavika Jain Bambawale

director · Since 07/10/2025

CEO SAS ENERGY

INDIAN · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Edf Energy Renewables Limited

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

Alexander House, 1 Mandarin Road, Houghton Le Spring, DH4 5RA

Reg: 06456689 · Registrar Of Companies · Private Limited Company

Notified 15/09/2023

Former PSCs

Mr Jon Dennis

Ceased 03/02/2023

Mr Nick Porter

Ceased 15/09/2023

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/05/2020Registered 19/05/2020
charge
outstanding

BARCLAYS BANK PLC

Created 12/08/2011Registered 25/08/2011
charge
outstanding

BARCLAYS BANK PLC

Created 22/07/2011Registered 02/08/2011

CompanyRankvs 21699+ SIC 43290 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees2/15 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

Outstanding charges: -10 pts

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

-£2.2M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£5.6M

Current Liabilities

£6.7M

Fixed Assets

£134k

Debtors

£4.3M

0avg. employees-29

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities-£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83-£2.9M
20231.29+£101k
20221.19+£456k
20211.12+£55k
20200.90-£151k
20191.07+£45k
20181.01

Derived from filed accounts. Not audited figures.