Clean Thermodynamic Energy Conversion Limited
07103050
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/12/2009
PROFESSIONAL
BRITISH · UNITED KINGDOM · Age 65
Also on 18 other boards
director · Since 25/11/2013
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 4 other boards
Persons with Significant Control
Former PSCs
Mr Michael Alan Burns
Ceased 24/11/2022
Charges1 outstanding
COAST TO CAPITAL
CompanyRankvs 94140+ SIC 82990 peers36
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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
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
-£2.7M
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£5.1M
Working capital
Current Assets
£48k
Current Liabilities
£5.2M
Fixed Assets
£2.5M
Debtors
£40k
Profit After Tax
-£709k
People Costs(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£332k |
| 2023 | 0.02 | -£318k |
| 2022 | 0.06 | -£398k |
| 2021 | 0.09 | -£272k |
| 2020 | 0.05 | +£1.5M |
| 2019 | 0.39 | — |
Derived from filed accounts. Not audited figures.