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Free Green Electricity Corporation Limited

07361198

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OAKWAYS, NEWBURY, RG20 9PQ
Incorporated 31/08/2010

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

43999
Specialised construction activities

Officers

Mr Michael Kenneth Sheridan

director · Since 31/08/2010

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 76

Also on 19 other boards

Mr Gordon Brian Wylie C Eng Mba Msc(Eng)

director · Since 01/09/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 10 other boards

Persons with Significant Control

Former PSCs

Ms Sally Wilkinson

Ceased 19/08/2021

Charges2 outstanding

Charge
outstanding

CLOSE LEASING LIMITED AND ITS SUCCESSORS IN TITLE, ASSIGNEES AND TRANSFEREES

Created 20/12/2018Registered 28/12/2018
Charge
outstanding

CLOSE LEASING LIMITED AND ITS SUCCESSORS IN TITLE, ASSIGNEES AND TRANSFEREES

Created 20/12/2018Registered 27/12/2018

CompanyRankvs 32851+ SIC 43999 peers
35

Financial strength0th percentile among SIC peers · 0/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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32851Free Green Electricity Corporation Limited
41
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.

Employees9/15 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 31/03/2025

Turnover

£540k

Annual revenue

Net Worth

-£521k

Balance sheet strength

Cash

£37k

Cash in the bank

Profit Before Tax

-£114k

Bottom line earnings

Net Current Assets

-£141k

Working capital

Current Assets

£162k

Current Liabilities

£303k

Fixed Assets

£2.1M

Debtors

£126k

Cost of Sales

£111k

Gross Profit

£429k

Admin Expenses

£324k

Operating Profit

£105k

2avg. employees

Balance Sheet

Intangible assets£263k
Assets less current liabilities£1.9M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.54

Derived from filed accounts. Not audited figures.